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The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.
Structured Financial Messaging System (SFMS) is a secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications.It is an Indian standard similar to SWIFT which is the international messaging system used for financial messaging globally.
IFSC may refer to: Indian Financial System Code; International Federation of Sport Climbing; International Financial Services Centre (disambiguation), several financial areas; International Financial Services Centre, GIFT City Financial Centre in India
The main e-stamping facility was opened on 3 July 2008 in New Delhi, India and was inaugurated by Chief Minister Sheila Dikshit.The goal of the e-stamp was to "prevent paper and process-related fraudulent practices" according to the SHICL chairman and managing director at that time, RC Razdan.
The International Financial Services Centres Authority (IFSCA) is the regulatory body for the Indian special economic zones such as the GIFT International Financial Services Centre for International Financial Services and commodity markets under the ownership of the Government of India. [3]
The CNAPS code is assigned to all banks in China, including foreign banks. This code is twelve digits long and is mandatory for payments to mainland China. [5] [6] India has an 11-digit alpha numeric Indian Financial System Code (IFSC). The first 4 characters indicate the financial institution, the fifth digit is 0 and the other 6 digits ...
Bharat Financial Inclusion Limited (formerly known as SKS Microfinance Limited) or BFIL is a banking & finance company (NBFC), licensed by the Reserve Bank of India.It was founded in 1997 by Vikram Akula, who served as its executive chair until working. [3]
The GIFT International Financial Services Centre (GIFT IFSC) is a financial centre and special economic zone in Gujarat International Finance Tec-City (GIFT City) covering 106 ha (261 acres) established in April 2015 as a financial hub to provide world-class infrastructure and services for financial institutions and companies operating in areas such as banking, insurance, capital markets, and ...