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How does NEFT and RTGS differ?
Can you tell me how NEFT and RTGS differ?
Sure! NEFT and RTGS are two electronic fund transfer systems used in India. NEFT, or National Electronic Funds Transfer, is a system for transferring money from one bank to another. RTGS, or Real Time Gross Settlement, is a more immediate system that facilitates instant transfers between bank accounts. The main difference between NEFT and RTGS is the amount of time it takes for the transfer to be processed.