RTGS – Real Time Gross Settlement: Meaning, Process, Benefits and How It Works
1. Introduction to RTGS: The Expressway of Indian Banking In the sophisticated landscape of Indian digital finance, RTGS serves as the ultimate “expressway” for high-value fund transfers. Standing for Real Time Gross Settlement, this system is managed and operated directly by the Reserve Bank of India (RBI). Unlike other payment systems that cater to retail … Read more