Full Form of RTGS

RTGS is used in the context of money transfer from one bank to another. Full form of RTGS is Real Time Gross Settlement, under this system money is transferred in fastest possible way and the transactions are settled on real time basis. In simple words one can receive or transfer funds on the same day on which he or she places the request for such transfer of money.

0 comments… add one

Leave a Comment


Related pages


conglomerate organizational structureexamples of accrued incomepartnership profit sharing ratiodisadvantages of borrowing moneysteps on how to withdraw money from atmjournal entry for credit salescibil formtransfer pricing advantages disadvantagesdisadvantages of jitsimilarities between public finance and private financewhich of these is an example of indirect taxdefine accounting conventionsconglomerate combinationpros and cons of autocratic leadershipideal debt ratioexamples of liabilities on a balance sheetunearned rent revenue adjusting entrywhat are crossed chequesexplain debenturesconglomerate organizationconsignee defineunclaimed dividend definitionmarket skimming pricingdisadvantages of oligopolyadvantages of functional organisational structureadvantages and disadvantages of lifo and fifoup selling exampleswhat is factoring in bankingdifference between autonomous investment and induced investmentderived demand and autonomous demanddisadvantages and advantages of mixed economyexample of inelastic goodsdifference between macro and micro economyfactoring accounts receivable definitiondisadvantages of job specializationfund flow and cash flowadvantages and disadvantages of capital asset pricing modelexamples of traditional economy countriesexamples of skimming pricingdefine market skimmingdeferred revenue journal entryintroduction of demat accountdirect and indirect currency quotesforeign direct investment advantages and disadvantagesbank loan advantages and disadvantagesadvantages of a takeoverwhat is the difference between accounting profit and economic profitexamples of vertical mergerdistinguish between explicit cost and implicit costproblems of barter tradecrossing of cheque meansadvantage of socialismaccording to the law of diminishing marginal utilityadvantages of centrally planned economyadvantages and disadvantages of transfer pricingexamples of elastic goodswhat are rrbsadvantages of barter tradedefine substitutes in economicswhat is an explicit costprofitabilty ratioexplain the expenditure method of measuring national incomeconglomerate mergerfdi and fiijournal entry for unearned revenueunearned revenue exampleadvantages of barter tradecompetitor based pricing advantages and disadvantageswhat is operating cycle in accountingaccounting entries for prepaid expensesmerits and demerits of globalisation