The Future of Banking-andhrabank-nov4-04.pdf - IDRBT
The Future of Banking-andhrabank-nov4-04.pdf - IDRBT
The Future of Banking-andhrabank-nov4-04.pdf - IDRBT
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RTGS Scenario<br />
• 92 banks have implemented it<br />
• 3-4 more to implement in a fortnight<br />
• Customer transactions have already started<br />
• Total volumes – Transactions on average<br />
Rs.20,000 crores per day settled continuously<br />
from the time <strong>of</strong> opening <strong>of</strong> markets<br />
• Guarantee settlement fund<br />
INSTITUTE FOR DEVELOPMENT AND<br />
RESEARCH IN BANKING TECHNOLOGY<br />
November 4, 2004<br />
Vepa Kamesam, Chairman <strong>IDRBT</strong>