Central Bank of India has announced the restoration of its RTGS outward system. Following a technical issue identified in the localized RTGS server interface, necessary remedial measures have been completed. The bank assures that the system is now fully operational across all channels and that no customer has incurred any financial loss. This ensures seamless banking services and upholds the bank’s commitment to security and integrity.
RTGS System Restoration Update
Central Bank of India has issued a significant update regarding its Real-Time Gross Settlement (RTGS) outward system. In a disclosure following up on a previous intimation, the bank confirmed that the RTGS outward system, which had experienced a technical issue, has been successfully restored and is now fully operational across all channels. This development is crucial for ensuring the smooth functioning of interbank fund transfers.
Technical Issue and Remedial Actions
The bank identified a technical issue within the interface environment of its localized RTGS server. Central Bank of India has diligently undertaken and completed the necessary remedial measures to address this situation. A key point highlighted in the announcement is that no customer has suffered any financial loss as a consequence of this incident. This underlines the bank’s focus on customer protection during operational disruptions.
Commitment to Security and Service
Central Bank of India reiterated its unwavering commitment to maintaining the security and integrity of its systems. The bank aims to ensure that its customers continue to receive seamless banking services. This proactive communication and swift resolution of the technical glitch reinforce the bank’s dedication to robust operational management and customer trust.
Source: BSE
