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Idrbt Revamps Infinet

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Our Bureau BUSINESS STANDARD
Last Updated : Jan 28 2013 | 2:05 AM IST

The Institute for Development and Research in Banking Technology (IDRBT) is revamping its communication network technology, Infinet.

The institute is implementing a new design for the network as per the recommendations of the standing technical evaluation committee.

Infinet, which comprises very-small aperture terminal (v-sat) and terrestrial leased lines, is used by banks, financial institutions and the Reserve Bank of India (RBI) in intrabank applications, including funds transfer, interbranch reconciliation and ATM handling.

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