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  • Business

FAQ: Just what are NEFT and RTGS?

National Electronic Fund Transfer and Real Time Gross Settlement allow individuals, companies and firms to transfer funds from one bank to another. You can check the RBI website for a list of......

Sebi fast-tracks money refund

The Securities and Exchange Board of India has directed bankers to public share issues to mandatorily use the real time gross settlement system for refund of money to investors.The system, which......

Uniform bank a/c numbers soon

Bank account holders will soon have a standardised unique individual account number with the introduction of real time gross settlement and straight-through processing in the banking sector.This is......

Banks to settle in real time

In a paradigm shift for the Indian banking industry, the real-time gross settlement system was finally launched on a live platform today by the Reserve Bank of India. With this -- among other......

Superman or not, Raghuram Rajan has indeed made a difference

He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang. "I am not a superman", he says, but the......

  People speak for real time gross settlement system

  • QNA
dharamender  nebhnani
Q. What is an IFSC code?
Dharamender Nebhnani:  A.  more

Sameer Shaikh
Q. What is the meaning of RTGS?
Sameer Shaikh:  A. it is code that is being used to transfer the fund in banks.........Indian Financial System Code (IFSC). It is used for electronic payment...... more

jameel ahmed
Q. When RTGS system was introduced in India ?
Jameel Ahmed:  A. Real-Time Gross Settlement (RTGS) System more

jameel ahmed
Q. what is the difference between RTGS & NEFT
Jameel Ahmed:  A. RTGS stands for Real Time Gross Settlement, whileNEFT refers to National Electronic Funds Transfer.Both are the system in which fund is transfered...... more

Gajendra Solanki
Gajendra Solanki:  A. ecs = electronic clearing serviceneft = National Electronic Funds Transferrtgs = Real Time Gross Settlement System more

  Web results for Real Time Gross Settlement System
Flagstar Reports First Quarter 2014 Results

Flagstar Bancorp (NYSE:FBC) Intraday Stock Chart Today : Wednesday 23 April 2014 TROY, Mich. , April22, 2014 /PRNewswire/ --Flagstar... ...
CN reports Q1-2014 net income of C$623 million, or C$0.75 per diluted share

Adjusted diluted earnings per share for Q1-2014 increased eight per cent to C$0.66 (1) VANCOUVER , April 22, 2014 /PRNewswire/ - CN (TSX:... ...
RBI group wants use of Public Key Infrastructure for safe payment system

At a time when a number of frauds in consumer banking are on the rise, a Reserve Bank of India (RBI) group has suggested the use of Public Key... ...

Bankers see technological advancements in banking as a potential threat to the system. While technology has brought about a sea change in the way... ...
Peoples Bancorp Inc. Reports Solid 1st Quarter 2014 Earnings

Peoples Bancorp Inc. (MM) (NASDAQ:PEBO) Intraday Stock Chart Today : Tuesday 22 April 2014 MARIETTA, Ohio , April 22, 2014 /PRNewswire/ --... ...

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