Bank of Rajasthan goes live with RTGS

By Our Banking Bureau | 07 Aug 2004

Mumbai: Bank of Rajasthan has announced that it has gone live with the Real Time Gross Settlement (RTGS), which enables instant transfer of funds between banks and institutions.

To begin with the RTGS will facilitate on-line settlement of inter-bank transactions. In due course, it would extend the facilities all over the country by integrating its corporate financial branches