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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......

Budget: A preparatory exercise to usher in reforms

The run-up to this year's Union Budget witnessed unprecedented hopes and aspirations from industry following the massive electoral mandate to the Narendra Modi government. While stakeholders......

  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
Whose money is it, anyway?

In a move that will benefit policyholders, the Insurance Regulatory and Development Authority (Irda) has asked insurers to display information on... ...
RBI releases NG-RTGS Character Set

The Reserve Bank of India has today defined and issued a list of special characters that are allowed (positive list given in Annex I ) and a list... ...
Hawala Scam Accused Fatta Denies ED's Charges

The multi-crore rupee hawala scam accused Afroz Fatta denied the Enforcement Directorate's (ED) charges against him today while filing an affidavit... ...
Afroz Fatta claims Madanlal Jain is main accused in Rs 5395 hawala scam

AHMEDABAD: While seeking bail, Accused in the multi-crore hawala scam Afroz Fatta has filed a reply before special PMLA court saying that the... ...
How this new CBDT rule will create problems for your tax audit

The number of clauses in Form 3CD has increased to 41 this year from 32 last year, along with onerous and confusing new requirements... ...

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