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Home » MBA Interview Questions » MBA - Banking Interview Questions » What is meant by RTGS?

What is meant by RTGS?

Expert Suggestions on Preparation for Computer Based CAT-09


What is meant by RTGS?

Real time gross settlement systems (RTGS) are a funds transfer mechanism where transfer of money takes place from one bank to another on a one to one bill settlement basis. The transactions are settled as soon as they are processed.



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