Monday, May 16, 2011

Indian financial network

INFINET Indian financial network
Short for Indian financial network. A secure closed user group (CUG) hybrid network consisting of VSATs and closed lines. Membership is limited to entities that have one and current accounts with RBI. All banks and PDS are obliged to become members of INFINET, INFINET as only members may participate in nds and CCIL settlements.

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