Real time Gross Settlement (RTGS) : iStockAnalyst.com

Real time Gross Settlement (RTGS)

It is fund transfer system, in which transfer of securities and money from one bank to another takes place in 'real time' and on 'gross' basis. It means payments are not subject to any waiting period. These transactions are settled by the Central Bank for accounts held on a continuous gross basis, where settlements are final and irrevocable.

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The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.