InFiNet is the communication backbone of the Indian banking sector that revolutionized interaction among Indian banks. It was established in 1999 by IDRBT and blends communication technologies like VSATs and terrestrial leased lines. InFiNet is one of the world's most secure technology platforms for financial operations, connecting over 60,000 bank branches across India. It provides a fast, secure network for inter-bank and intra-bank connectivity that has improved services like funds transfer, loans processing, and core banking solutions.

1. InFiNet - changing the way India banks
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2. • Communication backbone of the Indian
Banking sector
• Revolutionized interaction among Indian
Banks
• Blends communication technologies -
VSATs and Terrestrial Leased Lines
• One of world’s most secure technology
platform for financial operations
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Background

3. The genesis of the system and the Doyens
1992 : Liberalization of
Economy
1994 – RBI sets committee on Technology
Up gradation in the Payment Systems
1996 [IDRBT]
established by
RBI
1999 (INFINET)
setup by IDRBT
becomes
operational
2009 – Overhaul
of System
commissioned
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4. Needs of the Banking Sector
Indian
Banking
Wide geographic
spread of bank
branches
Customer
Complaints
regarding time
delays
Post-
liberalization
consumer
oriented market
RBI initiative of
High priority
Reforms
Lack of fast,
secure inter and
intra banking
network
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5. Stake Holders

6. Network Connections
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Source: www.idrbt.ac.in/acin/infinet.pdf

7. THIRUVANANTHAPURAM
BHUBANESHWAR
GUWAHATI
2 Mbps with
ISDN Backup
JAMMU CHANDIGARH
DELHI
JAIPUR
AHMEDABAD
MUMBAI
PUNE BANGALORE
CHENNAI
HYDERABAD
CALCUTTA
PATNA
KANPUR
BHOPAL
NAGPUR
KOCHI
GOA
LUCKNOW
4 X 2 Mbps
2 X 2 Mbps
NMS at Hyderabad
Back up NMS at Mumbai
Integration of VSAT
with Terrestrial network
Links of Banks getting
Connected to
INFINET Network
Architecture
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8. Network integrity & Security against intruders
Data transmission encrypted using proprietary standards
IP address protection Data is destination protected
Symmetric key and public key cryptography
Digital signature Certification ‘Dhruvam’ from TCS
Backup and replication at NSM Mumbai
Multiple lines and ring network redundancy
VSAT
Networks
In-built
security
Redundancy
&
Backup
CUG level
Salient Features
Source :http://rbidocs.rbi.org.in/rbiadmin/scripts/PublicationReportDetails.aspx?UrlPage=&ID=23

9. Associate Systems
– Secured communication carrier
– Transmission of messages in fixed
message formats
– Straight Through Processing
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– Inter-connect ATMs
– Routing of ATM transactions through
inter-connectivity between bank’s
switches

10. Applications of InFiNet
• Funds Transfer and payments
• Inter-Branch Reconciliation
• Quick disposal of loans
• Management Information Systems
• Core Banking Solutions
• Treasury Management
• Electronics Funds Transfer (EFT)
• Real-Time Gross Settlement System (RTGS)
• Shared ATMs Network (NFS)
• Mail Messaging System (MMS)
• Structured Financial Messaging System
(SFMS)

11. Moving up the Value Chain
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Inter-bank
connectivity
Intra-bank
connectivity
National Finance
Switching
INFINET

12. Infinet Revolution
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Data as of 2007, Source :

13. Thank You
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14. Usage Model
Gateways and Integration with
Other Financial Network Services
G1 - SWIFT Network
G2 - Reuters Network
G3 - Stock Exchange Network
G4 - Inter Banks/FIs
G5 - Shared ATMs
G6 - Clearing Operations Network
G7 - Internet
Corporate Network
Inter Banks/FIs Network
Shared ATMs Network
Clearing Operations
Network
SWIFT
Network
Reuters
Network
NSE
Network
G1 G1 G2 G2 G3 G3
G1
G2
G3 G1
G2
G3 G1
G2
G3
G4
G4 G4 G5
G5 G5 G6
G7
Internet
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