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Saturday, December 26, 2009

No RTGS Holiday on 28/12/2009



No RTGS Holiday on 28/12/2009

RTGS is functioning as normal on 28/12/2009-Moharram.


Only in the following States (Karnataka, Maharashtra, Tamil Nadu, Andhra Pradesh, Jammu, West Bengal, )  on 28/12/2009 - is a Bank Holiday under Negotiable Instruments Act.

As RTGS is functioning, so will NEFT will also function, in the usual Settlement cycles i.e 9.00am, 11.00am, 12noon, 1.00pm, 3.00pm and 5.00pm.

Of course customers in the States of Karnataka, Maharashtra, Tamil Nadu, Andhra Pradesh, Jammu, West Bengal, can execute the transactions through the respective Bank’s Net Banking.

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