Question

How is is RTGS related to e banking system?​

Answer 1

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The acronym 'RTGS' stands for Real Time Gross Settlement, which can be explained as a system where there is continuous and real-time settlement of fund-transfers, individually on a transaction by transaction basis (without netting). ... It is a safe and secure system for funds transfer.

Answer 2

The acronym 'RTGS' stands for Real Time Gross Settlement, which can be explained as a system where there is continuous and real-time settlement of fund-transfers, individually on a transaction by transaction basis (without netting). ... It is a safe and secure system for funds transfer.