Iftas - Indian Financial Technology & Allied Services

A Reserve Bank of India Subsidiary

Joined June 30, 2025 • Updated 1 month, 3 weeks ago

Company Details

Industry: It Services And It Consulting

Company Size: 201-500 employees

Founded: 2015

Open Positions

About

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, & all Banks & Financial Institutions in the country.

Our Services:
INFINET (Indian Financial Network): Managing India’s network & communication backbone of Banking & Financial Sector connecting them to payment system viz. NEFT, RTGS and e-kuber.

SFMS (Structured Financial Messaging System): Managing India’s Financial messaging platform for interbank financial messaging namely NEFT, RTGS, LC, BG, etc.

GIFT (Global Interchange for Financial Transaction): Integrated payment & settlement system providing STP of inter-bank payment messages supporting batched, gross and bulk settlement. GIFT is operational in a SAARC Country.

Cloud Services: Our multi-tenant, elastic and robust cloud environment built on Openstack Cloud framework that offers a variety of services to Indian Banking & Financial Community of India, including virtualized infrastructure and ready-made built-in platform for banks to leverage and host their solutions. The platform also offers the services under IaaS, PaaS and SaaS model.

Learning Management Solution: Empowering Learning & development of the bankers.

Board Management Solution: A New Cloud hosted and mobile accessible compliance solution promoting good corporate governance by providing an automated, real-time compliance dashboard for companies, managing board meet schedules, agendas, etc. and offering an e-repository for safe-keeping of secretarial records.

Advisory Services: Consult and guide Banks/Central Banks on Payment System, Underlying Financial Network & various Digital Initiatives

Our Members:
Cooperative Bank
Foreign Bank
Private Bank
Public Sector Bank
Small Finance Bank
Regional Rural Bank
Payments Bank
RBI/RBI Subsidiary
Financial Institutions