The Real Time Gross Settlement System (RTGS) for high-value transactions will be available 24x7 on all days from December 14. This would make India one of the few countries to operate the system round ...

Ever wonder how a spacecraft millions or even billions of miles from the Sun can keep its lights on? After all, solar panels become less efficient the farther you travel into the outer solar system ...

New Delhi: The Real Time Gross Settlement System (RTGS) money transfer facility will now be operational 24×7 from 12.30 on Monday (December 14), RBI Governor Shaktikanta Das announced on Sunday. “It ...

After Reserve Bank of India's statement on December 9, Governor Shaktikanta Das has confirmed further that the Real Time Gross Settlement System (RTGS) will be made available round the clock on all ...

RTGs are not nuclear reactors, nor are they "nuclear batteries." Rather they work by converting the heat caused by radioactive decay into electricity. Due to the dangerous nature of the materials used ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. An estimated $3tn to $5tn of daily payments continue to be ...

The Reserve Bank of India (RBI) announced on Monday the launch of a new beneficiary bank account name verification feature for both the Real Time Gross Settlement (RTGS) and National Electronic Funds ...

If you need to transfer a large sum of money urgently, RTGS would be the best option. Suresh Kumar is a 28-year corporate employee from Mumbai. He keeps transferring money too frequently but every ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. As a global next-gen Financial Market Infrastructure (FMI), ...