RTGS

Which Is Better: NEFT Or RTGS?

by Yumi

Introduction Mrs Lohia runs a home-based bakery and believes that inter-bank transfer can be an extremely useful and convenient service. It would enable her to pay for her supplies as well as receive payments from her clients. But Mrs Lohia has not been able to… Read More »Which Is Better: NEFT Or RTGS?

What Is RTGS

by Yumi

RTGS stands for Real Time Gross Settlement. It is a money transfer system that allows the transfer of funds from one bank account to another in real-time and on a gross settlement basis. The term, ‘real-time’ implies that transactions through RTGS are processed right when… Read More »What Is RTGS