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Write a short note on - RTGS. - Commerce

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Write a short note on - RTGS.

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उत्तर

Real-Time Gross Settlement Systems (RTGS) was launched by the RBI in 2013. The transactions are settled on a real-time basis. The gross settlement means the transaction is settled between one bank and another bank without adding any other transactions.

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 12: Functions of Commercial banks - Exercises [पृष्ठ ११६]

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सामाचीर कलवी Commerce [English] Class 11 TN Board
अध्याय 12 Functions of Commercial banks
Exercises | Q III. 2. | पृष्ठ ११६
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