This document discusses various types of bank deposits and funds transfer mechanisms. It mentions term deposits, demand deposits, real-time gross settlement system (RTGS) used for large value transactions, National Bank for Agriculture and Rural Development (NABARD) which provides loans to farmers, and national electronic funds transfer (NEFT) system for customer transactions.
This document discusses various types of bank deposits and funds transfer mechanisms. It mentions term deposits, demand deposits, real-time gross settlement system (RTGS) used for large value transactions, National Bank for Agriculture and Rural Development (NABARD) which provides loans to farmers, and national electronic funds transfer (NEFT) system for customer transactions.
This document discusses various types of bank deposits and funds transfer mechanisms. It mentions term deposits, demand deposits, real-time gross settlement system (RTGS) used for large value transactions, National Bank for Agriculture and Rural Development (NABARD) which provides loans to farmers, and national electronic funds transfer (NEFT) system for customer transactions.