What it RTGS Transaction in bank and how it works ?

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 February 2011 Kindly help me out to understand the same.

16 February 2011 RTGS stands for Real Time Gross Settlement. It facilitates quick transfer of funds. For its features etc, check the following link---

http://www.rbi.org.in/scripts/FAQView.aspx?Id=65



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