What changed
RBI has released the migration schedule for RTGS members to upgrade from the existing system to Windows 2008 environment. The Participant Interface software is now ready, and each member has been assigned a specific go-live date as per the enclosed schedule. Members must ensure infrastructure readiness and confirm via email.
What it means for you
Banks and RTGS members must prioritize this migration to ensure continued system support and security. The upgrade to Windows 2008 is required for RTGS operations.
What you must do
- Verify your assigned go-live date from the enclosed schedule and prepare infrastructure accordingly.
- Ensure all required hardware and software upgrades are in place before the scheduled date.
- Confirm readiness to RBI by email.
- Acknowledge receipt of this circular by return email.
Who it affects
All RTGS member banks and financial institutions, Co-operative banks listed in the schedule, Primary dealers and clearing corporations (as listed in the schedule)
What is the deadline for completing the RTGS migration?
The migration process is expected to be completed by December 31, 2010, as per the individual go-live dates assigned to each member.
What should I do if my bank is not listed in the schedule?
The circular only covers the listed members. No further instructions are provided in the source.
What happens if we miss our go-live date?
The source does not specify consequences for missing the go-live date.