The%20Reserve%20Bank%20of%20India%20has%20notified%20all%20the%20bank%20users%20that%20they%20will%20not%20be%20able%20to%20use%20the%20real-time%20gross%20settlement%20%28RTGS%29%20facility%20from%20April%2017%20till%202%20PM%20on%20April%2018%2C%202021.%26nbsp%3B
Also%20Read%3A%20%3Ca%20target%3D%22_blank%22%20rel%3D%22noopener%20noreferrer%22%20href%3D%22https%3A//opoyi.com/india-records-261500-new-covid-19-cases-1501-deaths-in-24-hours%22%3E%3Cstrong%3EIndia%20records%20261%2C500%20new%20COVID-19%20cases%2C%201%2C501%20deaths%20in%2024%20hours%3C/strong%3E%3C/a%3E
The%20apex%20bank%20cited%20that%20the%20facility%20could%20not%20be%20used%20as%20the%20bank%20was%20making%20upgrades%20and%20there%20will%20be%20a%20temporary%20shutdown.%20In%20an%20official%20statement%2C%20the%20central%20bank%20said%2C%20%u201CA%20technical%20upgrade%20of%20RTGS%2C%20targeted%20to%20enhance%20the%20resilience%20and%20to%20further%20improve%20the%20Disaster%20Recovery%20Time%20of%20the%20RTGS%20system%2C%20is%20scheduled%20after%20the%20close%20of%20business%20of%20April%2017%2C%202021.%u201D
So%20if%20you%20are%20planning%20transactions%20of%20more%20than%20Rs%202%20lakh%2C%20then%20it%20can%20be%20done%20after%202PM%20on%20Sunday.%20RBI%20has%20asked%20all%20the%20banks%20to%20inform%20its%20customers%20about%20the%20same%20so%20they%20can%20schedule%20their%20payments%20accordingly.%26nbsp%3B
%3Cstrong%3EAlso%20Read%3A%20%3C/strong%3E%3Ca%20target%3D%22_blank%22%20rel%3D%22noopener%20noreferrer%22%20href%3D%22https%3A//opoyi.com/5-killed-in-hospital-fire-in-chhattisgarhs-raipur%22%3E%3Cstrong%3E5%20killed%20in%20hospital%20fire%20in%20Chhattisgarh%27s%20Raipur%3C/strong%3E%3C/a%3E
RTGS%20is%20a%20system%20where%20there%20is%20a%20continuous%20and%20real-time%20settlement%20of%20fund-transfers%2C%20individually%20on%20a%20transaction%20by%20transaction%20basis.%20The%20transactions%20deal%20with%20%26nbsp%3Blarge%20amounts%20of%20money%2C%20one%20can%20send%20funds%20only%20above%20Rs%202%20lakh%20via%20RTGs.
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