RBI's settlement system not functioning due to strike: dealers
17,000 employees went on a strike called by unions

RBI.JPG
17,000 employees went on a strike called by unions
Mumbai
: Reserve Bank of India's settlement systems for banks and markets were not functional so far in the day as about 17,000 employees went on a strike called by unions, several traders said on Thursday.
-"Usually RTGS (real-time gross settlement) starts early morning,-" said a dealer.
-"Today there is no settlement happening so far.-"
Another trader said market settlement applications run by the central bank were also not fully functional.
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