RBI To Allow 24x7 RTGS Payments
A sign for the Reserve Bank of India (RBI) sign is displayed inside central bank’s headquarters in Mumbai, India, on Thursday, Feb. 6, 2020. Photographer: Dhiraj Singh/Bloomberg

RBI To Allow 24x7 RTGS Payments

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The Reserve Bank of India has decided to allow real-time gross settlement, or RTGS, facility round the clock, putting India in a league of a handful of countries offering such 24x7 payments.“To sup...