What is RTGS? Describe in brief.
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The term real-time gross settlement (RTGS) refers to a funds transfer system that allows for the instantaneous transfer of money and/or securities. RGTS is the continuous process of settling payments on an individual order basis without netting debits with credits across the books of a central bank
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Full form: real-time gross settlement
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refers to a fund's transfer system that allows for the instantaneous transfer of money and security
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