Advertisements
Advertisements
प्रश्न
Write a short note on ‘RTGS’.
Explain: RTGS
What is RTGS?
What is meant by RTGS?
स्पष्ट कीजिए
दीर्घउत्तर
लघु उत्तरीय
टिप्पणी लिखिए
Advertisements
उत्तर
- Real-time Gross Settlement (RTGS) is an electronic mechanism for interbank transfers of money worth 2 lakhs or more.
- It is a real-time gross fund transfer system between banks. Settlement in ‘Real Time’ means no waiting period.
- The transaction is finalised once it has been processed.
- ‘Gross’ settlement refers to one-on-one transactions that are not paired with others.
- It is a quicker settlement system designed primarily for high-volume payments.
shaalaa.com
Notes
Students should refer to the answer according to their questions.
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
