The full form of RTGS is real-time gross settlement. RTGS helps in transferring funds or securities instantly. You can read about the RBI – Know More About Reserve Bank of India in the given link.
Further readings:
- Difference Between NEFT (National Electronic Funds Transfer) and RTGS
- Bad Banks – Idea Proposed by Indian Banking Association (IBA) Due to COVID-19
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Related Links |
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National Payments Corporation of India (NPCI) – An Overview of Objectives, Products |
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SWIFT (Society for Worldwide Interbank Financial Telecommunication) |
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