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Friday, March 29, 2013

Rtgs and neft are open


Today i.e March 29,2013 RTGs and NEFT are open. This decision has been taken by Government of India and Reserve Bank of India.
     
           The customer timings have been extended from 18.00hrs to 20.00 hrs and the interbank timings have been extended from 19.30 hrs to 22.00hrs.

          The primary reason for keeping open RTGS and NEFT are to ensure that Cheques issued to Government departments are honored and do not get returned with the reason 'Insufficient funds'.

          As Bank branches will be closed, customers would be able to execute RTGS and NEFT Transactions through alternate channels. 

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