Which of the following are true regarding Immediate Payment Service (IMPS)?
a. It is real-time inter-bank electronic funds transfer system in India.
b. It is managed by the National Payments Corporation of India (NPCI).
c. The service is available 24/7 throughout the year including bank holidays.
d. IMPS was publicly launched in 2012.
Immediate Payment Service (IMPS) is an instant real-time inter-bank electronic funds transfer system in India. IMPS was publicly launched on November 22, 2010. Unlike NEFT and RTGS, the service is available 24/7 throughout the year including bank holidays.