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Akshay Bv's Company Details

IFTAS - Indian Financial Technology & Allied Services

Mumbai, Maharashtra, India • 51 - 200 Employees
Information Technology and Services

IFTAS (Indian Financial Technology & Allied Services) is a wholly owned subsidiary of the Reserve Bank of India, mandated to design, deploy & support IT-related services to the Reserve Bank of India, and all Banks and Financial Institutions in the country.Our core competencies is to manage & operate the Financial messaging platform (SFMS) for India's largest and critical payment system comprising of Real-Time Gross Settlement and National Electronic Funds Transfer & the underlying closed user group Payment System network (INFINET) connecting all of India's financial institutions. IFTAS operates CLOUD (Indian Banking Community Cloud), the only community cloud in the country, hosting cloud based solutions (Platform, Core, Mobility, Corporate, etc.) dedicated to the Banking & Financial Community.IFTAS is also focused on creating and propagating disruptive technology products and services that will enable quantum leaps in banking and financial services.Our CustomersForeign BanksPublic / Private Sector Banks (PSBs)Premier Financial InstitutionsRegional Rural Banks (RRBs)Urban Co-operative Banks (UCBs)Primary Agricultural Credit Society (PACS)