Digital banking, CORE (centralized online real time exchange), CBS(CORE banking solution)

DIGITAL BANKING

  • CORE(centralized online real time exchange)
  • CBS(CORE banking solution)
  • RTGS (real time gross settlement)
  • NEFT (national electronic fund transfer)
  • RTGS and NEFT work under RBI 
  • RTGS and NEFT are used to account to account fund transfer

  • intra bank transaction : when you transfer money within the same bank than its called intra bank transaction 

  • inter bank transaction : when you transfer money from one bank to another bank than its called inter bank transaction 


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