IndusInd Bank Deputy Manager Interview Questions, Process, and Tips

Clearing is the process of settling financial transactions between banks. RTGS is a real-time gross settlement system used for large value transactions.

• Clearing involves the exchange of financial instruments between banks to settle transactions.

• RTGS is a system used for high-value transactions that are settled in real-time.

• Clearing and RTGS are important for ensuring the smooth functioning of the financial system.

• Examp...read more