Accountancy, asked by ketankoli398, 3 months ago

21] What are NEFT and RTGS about?​

Answers

Answered by s14977agovind07846
1

Answer:

RTGS-Real Time Gross Settlement

In NEFT, money transfer requests are clubbed together called batches. Such batches are settled based on Deferred Net Settlement (DNS) on hourly base during NEFT timings. Whereas in RTGS it is real time.

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