Financial Daily from THE HINDU group of publications
Saturday, May 08, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Money & Banking - Information Technology


PNB goes live with real time settlement

Our Bureau

NEW DELHI: Punjab National bank (PNB) on Friday announced that it has gone live with Real Time Gross Settlement (RTGS).

Introduction of RTGS would enable instant transfer of funds between banks and institutions.

PNB has said that it would shortly extend the RTGS facility to its customers all over the country by integrating its Centralised Banking Branch (CBB) network and structured financial messaging system (SFMS) enabled branches with RTGS system.

More Stories on : Information Technology | Public Sector Banks

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
HDFC to seek nod for external borrowings


Rupee unchanged; gilts lacklustre
PNB goes live with real time settlement
SBM net up 52%; to pay 60 pc
Magma Leasing PAT more than doubles in '03-04 — Ties up funds for new business of Rs 1.352 cr
Dena Bank Q4 profit falls to Rs 58.39 cr
HDFC net up 24.6% in Q4; to pay Rs 13.5
HDFC: Lower repayments prop up growth
Canara Bank signs MoU with Bajaj for auto finance
Muthoot signs MoU with ICICI Lombard
`UTI Bank largest arranger for debt' — Non-SLR borrowings growth at 8 pc
ARCIL names ITCOT as resolution agent for Maharashtra, Gujarat
ICICI Bank launches co-branded credit card with Ebony



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line