And now the government has introduced the Real Time Gross Settlement (RTGS) dollar, which is being described by some as a new currency. It's not a phrase that exactly rolls off the tongue ...

Among the different digital payment systems, RTGS and NEFT are the most popular. Introduced by The Reserve Bank of India, these two payment systems enable the users to transfer money from one bank ...

A vector can be represented by a line segment labelled with an arrow. A vector between two points A and B is described as: \(\overrightarrow{AB}\), \(\mathbf{a}\) or \(\underline{a}\). The vector ...

'India and a few other economies have already commenced efforts to expand linkage of cross-border fast payment systems both in the bilateral and multilateral modes,' he added.

The second unit delves into the algebra of operators and their types and also explains the equivalence between the algebra of vector operators and the algebra of matrices. Formulation of eigen vectors ...

A vector can be represented by a line segment labelled with an arrow. A vector between two points A and B is described as: \(\overrightarrow{AB}\), \(\mathbf{a}\) or \(\underline{a}\). The vector ...

Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das has proposed expanding India’s real-time gross settlement (RTGS) system to settle transactions in major trade currencies such as the ...

Reserve Bank of India Governor Shaktikanta Das called for reducing time and cost of overseas remittances, as well as expanding real-time gross settlement (RTGS) to settle transactions in major ...