Payment Settlement Systems with reference to Selected Banks
Gattu Satyapriya
, G. Sabitha
Account holders, Financial systems, NEFT, Payment system plan, Payment settlement systems, RBI, RTGS.
Payment systems are one of the primary elements of every country’s financial systems that play a determining role in fast, efficient, and secure transfer of funds between markets and different parties of financial systems. They are also an effective factor in improving efficiency of country’s financial systems. Besides, development of payment systems contributes to financial and economic development of country, because it facilitates economic exchanges and provides a good basis for implementing monetary policies. In recent years, electronic payment and settlement systems of funds have experienced dramatic improvements in country by introducing country’s comprehensive payment system plan. The procedure of these improvements is specifically distinguishable since 2001. Comprehensive payment system plan is a national project which provides the main basis for electronic transfer of funds.
"Payment Settlement Systems with reference to Selected Banks", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.6, Issue 2, page no.22 - 34, February-2021, Available :https://ijsdr.org/papers/IJSDR2102003.pdf
Volume 6
Issue 2,
February-2021
Pages : 22 - 34
Paper Reg. ID: IJSDR_192868
Published Paper Id: IJSDR2102003
Downloads: 000347383
Research Area: Management
Country: Bhongir, Telangana, India
ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJSDR(IJ Publication) Janvi Wave
