The Reserve Bank of India decided to extend timings of RTGS from August 26, 2019. With effect from August 26, 2019 the RTGS system is available for customer transactions from 7:00 are to 6:00 pm and for inter-bank transactions from 7:00 am to 7:45 pm. The IDL Reversal timing fixed between 7:45 pm -8.00 pm and end of day at 8.00 pm.
The RTGS system is at present available for customer transactions from 8:00 am to 6:00 pm and for inter-bank transactions from 8:00 am to 7:45 pm. From the above decision of RBI to increase RTGS timings by one hour, the customers of bank will get more time for money transfer from their home branch to other centres.
The marginal cost of capital (MCC) is the total combined cost of debt, equity, and…
The weighted average cost of capital (WACC) is the average rate that a business pays…
The Reserve Bank of India (RBI) defines a personal loan as a type of unsecured…
A share is a unit of ownership in a company and has an exchangeable value…
The cost of debt is the interest rate a company pays on its debt, and…
This article explains the assumptions and key aspects of approaches to capital structuring, including the…