December 4 , 2020
1456 days
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- RBI has made the transfer of funds through Real-Time Gross Settlement (RTGS) system available to the customers 24x7 on all days of the week.
- It is a fund transfer system that is generally used for large-value transactions.
- It happens in real-time.
- The minimum amount to be transferred through RTGS is Rs 2 lakh and there is no maximum limit.
- In the case of RTGS, every transaction is settled individually.
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