01/07/2010 - RTGS/NEFT is closed Payments Holiday

01/07/2010 -  is a ePayments Holdiay
RTGS/NEFT is closed due to the Half-Year Closing of Books of Reserve Bank of India.

As this is the middle of the week, and this being a scheduled holiday, all ePayments Users must have planned their activities well in advance.  
The spill-over effect will be seen on Friday and Saturday.

However, as the NEFT Settlement Hours have been increased, there should be a smooth flow of transactions, without any bottle-necks anywhere.

The RTGS Customer timings on 30th June i.e tomorrow might be extended till 7.00pm, to enable customers to do a last minute juggling of funds, if required.

The real challenge would be to manage Clearing Adverse Situations on 1st July 2010, at locations  where Clearing will be held as usual on 01/07/2010.