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Basic difference between NEFT and RTGS

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Basic difference between NEFT and RTGS
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Sia ? 4 years, 6 months ago

The fundamental difference between RTGS and NEFT, is that while RTGS is based on gross settlement, NEFT is based on net-settlement. RTGS processes in real-time ('push' transfer), while NEFT processes in cycles during the given working day.
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