Bidhan Roy
4 months ago

What is RTGS?

Solution (By Examveda Team)

Explanation:
RTGS stands for Real Time Gross Settlement.
It's a system for transferring money electronically.
"Real Time" means the transfer happens immediately or very close to it.
"Gross Settlement" means each transaction is settled individually without being batched with other transactions.
RTGS is typically used for high-value transactions that require immediate clearing.

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