Real Time Gross Settlement (RTGS) is India’s premier high-value electronic funds transfer system, operated by the Reserve Bank of India (RBI). It enables the instant, real-time settlement of transactions individually through RBI’s books, ensuring speed, security, and finality without settlement risk. Introduced in 2004 and made 24×7×365 in 2020, RTGS has become a vital componentContinue reading “Real Time Gross Settlement (RTGS): Meaning, Features, RBI, Benefits & RTGS vs NEFT vs IMPS”