IMPS, NEFT and RTGS are all electronic funds transfer systems in India, but they differ in terms of speed, transaction limits, and fees. IMPS (Immediate Payment Service) is an instant payment system ...

Real-Time Gross Settlement or RTGS is the process of continuous (real-time) settlement of funds, which occurs individually, on an order by order basis. Under RTGS, your request to transfer or settle ...

The RBI's latest vision document for payment and settlement systems, which outlines the road map for 2019 to 2021, is gunning for "a highly digital and cash-lite society" and to that end the regulator ...

Over a decade things have changed and one would agree that the most traditional form of transferring money anywhere were National Electronic Fund Transfer (NEFT) and Real Time Gross Settlement (RTGS).