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Real Time Gross Settlement System

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Money transacted online to lure voters in polls: EC

Innovative methods like transfer of funds through the RTGS banking system and concealment of currency wads inside car bonnets were detected by Election Commission as it took steps to curb the use......

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......

'Q2, Q3 in FY 18 will be bumper quarters for GDP'

'The 5.7% growth in the April-June period is an aberration because of GST.''Business activity in the last 15 days of the quarter was minimal or zero.' Welcoming the Rs 2.11 lakh crore (Rs 1.35......
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'Q2, Q3 in FY 18 will be bumper quarters for GDP'

'The 5.7% growth in the April-June period is an aberration because of GST.''Business activity in the last 15 days of the quarter was minimal or... ...

http://www.rediff.com/money/interview/q2-q3-in-fy-18-will-be-bumper-quarters-for-gdp/20171107.htm
A year on, onion farmers face cash crisis as banking system fails to cope

Valwadi/Lasalgaon/Pimpalgaon, Nashik (Maharashtra): A year after the government replaced high-denomination currency notes with an aim to encourage... ...

http://www.sify.com/finance/demonetisation-a-year-on-onion-farmers-face-cash-crisis-as-banking-system-fails-to-cope-news-demonetisation-rlen3yffbafea.html
Here's evidence that counters Amit Shah's latest bizarre spin on demonetisation

The BJP has invented a laughable spin to cover up for the embarrassment of the return of over 99% of demonetised currency. BJP chief Amit Shah told... ...

http://www.catchnews.com/politics-news/here-s-evidence-that-counters-amit-shah-s-latest-bizarre-spin-on-demonetisation-80995.html
Positive Economic Data Offsets Geopolitical Concerns

Posted by Equitymaster Global financial markets ended the week on a positive note. This is on the back of positive economic data coming in from the... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/nNiyRrIwZPE/tm.asp

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