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Q.

What is the full form of RTGS in banking?

Tags: full form, rtgs
Asked by manish, 09 Aug '09 05:42 pm
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Answers (9)

1.

The acronym RTGS stands for Real Time Gross Settlement. RTGS system is a
funds transfer mechanism where transfer of money takes place from one bank to
another on a real time and on gross basis. This is the fastest possible money
transfer system through the banking channel. Settlement in real time means
payment transaction is not subjected to any waiting period. The transactions are
settled as soon as they are processed. Gross settlement means the transaction is
settled on one to one basis without bunching with any other transaction. Considering
that money transfer takes place in the books of the Reserve Bank of India, the
payment is taken as final and irrevocable
Answered by HEMANT MEHTA, 09 Aug '09 05:44 pm

 
  
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2.

Rtgs full form
Answered by Vinodkumar Chendra, 02 Feb '11 04:01 pm

 
  
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3.

Real time gross satelment
Answered by simanchal Behera, 08 Nov '10 03:03 pm

 
  
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4.

Real Time Gross Settlement
Answered by ravindra sonawane, 29 Jan '11 10:09 am

 
  
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5.

Can any one tell me
Answered by Rupesh, 09 Dec '09 10:05 pm

 
  
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6.

Real time gross settlement
Source: i.t
Answered by Bhavin Bhamtikar, 07 Apr '11 07:39 pm

 
  
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7.

RTGS is stands for Real Time Gross Settlement.
Answered by Suvidh Jain, 20 Aug '12 12:35 pm

 
  
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8.

Real time gross settlement
Answered by Sarang Bardapurkar, 12 Oct '11 01:42 pm

 
  
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9.

Fullform of rtgs
Answered by sanjoy chatterjee, 23 Aug '11 06:20 pm

 
  
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