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WHAT IS THE MEANING OF R.T.G.S USING IN A BANK.

Answer Posted / sandeep kumar

REAL TIME GROSS SETTELMENT ITS USED WHEN TRANSACTION IS
MORE THAN RS. 1 LAKH AND ITS DONE WITH IN FEW MINIUTE AT
VERY NOMINAL VALUE WHICH IS CHARGED BY SBI FROM ONE A\C TO
ANOTHER A\C

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