RBI alert: No NEFT service for 14 hours on May 23 for SBI, HDFC Bank, ICICI, PNB or different banks Customers
NEFT service will not be available for 14 hours on May 23, the Reserve Bank of India said in a statement today (May 17).
NEFT service is not going to be out there for 14 hours on May 23, the Reserve Bank of India mentioned in an announcement at present (May 17). The service can be unavailable because of the NEFT system improvement. Because of this, NEFT service is not going to be out there from 00.01 hrs to 14.00 hrs on Sunday (May 23rd, 2021).
“A technical upgrade of NEFT, targeted to enhance the performance and resilience, is scheduled after the close of business of May 22, 2021. Accordingly, NEFT service will not be available from 00:01 hrs to 14:00 hrs on Sunday, May 23, 2021,” RBI mentioned.
Meanwhile, the RTGS services are not going to be affected on May 23. ” The RTGS system will proceed to be operational as regular throughout this era. Similar technical improvement for RTGS was accomplished on April 18, 2021,” RBI mentioned.
The central bank has requested member banks to tell their prospects to plan their payment operations accordingly. Also, NEFT Members will obtain occasion replace(s) through NEFT system broadcasts.