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Answer Posted / durga prasad
RTGS means Real Time Gross Settlement
The RTGS system is primarily for large value transactions. The minimum amount to
be remitted through RTGS is Rs.1 lakh. There is no upper ceiling for RTGS
transactions. No minimum or maximum stipulation has been fixed for EFT and NEFT
transactions.
| Is This Answer Correct ? | 16 Yes | 4 No |
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