BANCS is supported by the India Switch Company (ISC), acquired by eFunds in 2005, which in turn, was acquired by Fidelity National Information Services. ISC supports BANCS through a mix of VSATs, ISDN, leased lines, CDMA and GPRS. The financial switches used in the system are provided by Oasis Technology Ltd., Mumbai. The software used is from IBM, Solaris and Oracle.[1]
Banking in India
Institutes | Central bank | |
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Regulation | |
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People | |
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Buildings | |
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Subsidiaries | |
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Think tanks | |
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Speciality banks | |
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Other | |
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Public-sector banks | |
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Private-sector banks | |
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Foreign banks | Wholly owned subsidiary (WOS) | |
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Wound up/closed (or in process) | |
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Small finance banks | |
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Payments banks | Surrendered licencees | |
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Wound up | |
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Cooperative banks | |
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Regional Rural Banks | |
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Defunct banks | Merged | |
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Wound up | |
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Failed | |
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Liquidated | |
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Networks | |
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Cards | |
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Online transfers | |
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Payment service providers | |
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Related topics | Protocol and codes | |
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Rates and ratios | |
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Regulators | |
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Insolvency, bankruptcy and reconstruction | Boards | |
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Legislation | |
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Companies | - ARCIL
- Edelweiss ARC
- IAMCL
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Legislation | - Banking Regulation Act, 1949
- Government Securities Act, 2006
- IBC, 2016
- NaBFID, 2021
- RBI Act, 1934
- SARFESI Act, 2002
- Income-tax Act, 1961
- Companies Act, 2013
- Insurance Act, 1938
- FEMA, 1999
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Tribunals | |
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Measures | |
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Other | |
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