Economy, asked by NanduD9905, 11 months ago

Efficacy of e paymentsand settlement systems in india

Answers

Answered by Anonymous
4

Answer:

In the case of India, the RBI has played a pivotal role in facilitating e-payments by making it compulsory for banks to route high value transactions through Real Time Gross Settlement (RTGS) and also by introducing NEFT (National Electronic Funds Transfer) and NECS (National Electronic Clearing Services)

Answered by Anonymous
0

Answer:

In India RBI has played a important role in faciliating payments through RTGF and NEFT

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