General Knowledge · General Awareness
Identify the correct combination of the dedicated network and the standardized messaging system that Indian banks adopt for secure interbank financial communication.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Network: National Financial Switch (NFS), Messaging System: Core Banking Solution (CBS)
- 2Network: Indian Financial Network (INFINET), Messaging System: Structured Financial Messaging System (SFMS)✓
- 3Network: Internet, Messaging System: Society for Worldwide Interbank Financial Telecommunication (SWIFT)
- 4Network: Indian Banking Community Cloud (IBCC), Messaging System: Real Time Gross Settlement (RTGS)
Correct answer
Network: Indian Financial Network (INFINET), Messaging System: Structured Financial Messaging System (SFMS)
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