A STUDY ON INTER BANKING TRANSACTION THROUGH NEFT & RTGS IN BANK OF INDIA

Dr.Bhumika Raval; Asst. Prof.Falguni Prajapati

Volume : VII, Issue : I, January - 2017

A STUDY ON INTER BANKING TRANSACTION THROUGH NEFT & RTGS IN BANK OF INDIA

Dr. Bhumika Raval, Asst. Prof. Falguni Prajapati

Abstract :

Today, electronic funds transfer makes easy to exchange funds from one account to another, either within the same bank or to a different bank network at any given time through RTGS, NEFT and IMPS. This study mainly focus on inter banking transaction by NEFT & RTGS in perspective of Customer as well as employee. This research was conducted in Bank of India which is situated in Gandhinagar, Gujarat. Data was collected through questionnaire consisting of 23 questions from the Bank of India, Gandhinagar, and Gujarat. Result indicated that most of the consumers like and satisfied with the RTGS/NEFT facility because the money transfer easily and less timing and less amount.