RTGS
Noun
US
/ˌɑː tiː dʒiː ˈes/
UK
/ˌɑː tiː dʒiː ˈes/
US
/ˌɑː tiː dʒiː ˈes/
UK
/ˌɑː tiː dʒiː ˈes/
Real Time Gross Settlement — a system for real-time large-value fund transfers.
RTGS plays a key role in banking operations and personal borrowing decisions.
Also known as: Real-time Transfer. Closely related to NEFT, IMPS.
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RTGS - key concept in Banking & Interest.
Large value payments; Corporate banking; India
Applied in Banking & Interest contexts: Large value payments; Corporate banking