What are RTGS, NEFT, and IMPS in Banking?

RTGS, NEFT, AND IMPS

RTGS, NEFT, and IMPS are the terms that are used while we transfer money from one account to another. RTGS means Real Time Gross Settlement, NEFT means National Electronic Fund Transfer, and IMPS means Immediate Payment Service. All three terms are widely used in our daily banking activities but have different uses that we discuss … Read more

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