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2. Indian Financial System Code - Wikipedia

   en.wikipedia.org/wiki/Indian_Financial_System_Code

   The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.

3. Real-time gross settlement - Wikipedia

   en.wikipedia.org/wiki/Real-time_gross_settlement

   In an RTGS system, transactions are settled across accounts held at a central bank on a continuous gross basis. The settlement is immediate, final, and irrevocable. Credit risks due to settlement lags are eliminated. The best RTGS national payment systems cover up to 95% of high-value transactions within the national monetary market.

4. Punjab National Bank - Wikipedia

   en.wikipedia.org/wiki/Punjab_National_Bank

   Punjab National Bank is a Public sector undertakings in India (PSU) working under the government of India regulated by the Reserve Bank of India Act, 1934 and the Banking Regulation Act, 1949. It was registered on 19 May 1894 under the Indian Companies Act, with its office in Anarkali Bazaar , in pre-independent India (present-day Pakistan ).

5. Payment and settlement systems in India - Wikipedia

   en.wikipedia.org/wiki/Payment_and_settlement...

   The key difference between RTGS and NEFT is that while RTGS is on gross settlement basis, NEFT is on net settlement basis. Besides, RTGS facilitates real-time ("push") transfer, while NEFT involves regular settlements and is operating 24/7/365 since December 2019. Customers can access the RTGS facility between 09:00 to 16:30 on weekdays and 09: ...

6. Immediate Payment Service - Wikipedia

   en.wikipedia.org/wiki/Immediate_Payment_Service

   Immediate Payment Service is managed by the National Payments Corporation of India (NPCI) and is built upon the existing National Financial Switch network. In 2010, the NPCI initially carried out a pilot for the mobile payment system with 4 member banks (State Bank of India, Bank of India, Union Bank of India and ICICI Bank), and expanded it to include Yes Bank, Axis Bank and HDFC Bank later ...

7. Category:Punjab National Bank - Wikipedia

   en.wikipedia.org/wiki/Category:Punjab_National_Bank

   Download QR code; Print/export Download as PDF; ... Pages in category "Punjab National Bank" The following 9 pages are in this category, out of 9 total.

8. Dakshin Bihar Gramin Bank - Wikipedia

   en.wikipedia.org/wiki/Dakshin_Bihar_Gramin_Bank

   Dakshin Bihar Gramin Bank is an Indian regional rural bank (RRB) in the state of Bihar, India. The bank was incorporated on 1 January 2019 by amalgamating 2 RRBs namely Madhya Bihar Gramin Bank and Bihar Gramin Bank. Dakshin Bihar Gramin Bank is sponsored by Punjab National Bank. The Bank operates in 20 districts of Bihar viz. Banka, Begusarai ...

9. Structured Financial Messaging System - Wikipedia

   en.wikipedia.org/wiki/Structured_Financial...

   Structured Financial Messaging System (SFMS) is a secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications. It is an Indian standard similar to SWIFT which is the international messaging system used for financial messaging globally. SFMS can be used for secure communication within the bank and ...