Stakeholders have stated that the 24-hour operation of Real Time Gross Settlement System (RTGS) in India is going to benefit the Nepali market.

India has started 24-hour service of RTGS starting from today. As Nepal and India have very close financial relations, this service will definitely support Nepali businesses, said Bhuvan Kumar Dahal, president of Nepal Bankers’ Association (NBA).

“Round-the-clock RTGS service in India will support late-hour processing of fund transfers from Nepal,” he said, adding, “People will now not have to wait for another day if they miss office hours.

https://thehimalayantimes.com/business/24-hour-rtgs-in-india-to-benefit-nepali-market/