Indian Financial Technology & Allied Services (IFTAS), incorporated in 2015, is a wholly owned subsidiary of the Reserve Bank of India, established to strengthen the technological backbone of India’s banking and financial ecosystem. As a mission-driven organization, IFTAS delivers critical IT infrastructure and services to RBI, its subsidiaries, banks, and financial institutions—ensuring uninterrupted, secure, and high‑quality operations across the country’s payment systems. IFTAS manages and operates several national‑level platforms: INFINET–India’s secure, resilient communication backbone for over 300+ banks and financial institutions. With the transformational leap to INFINET 3.0, built on SD‑WAN architecture, IFTAS is enhancing bandwidth, automation, resilience, and near‑100% network availability. SFMS–India’s trusted, ISO 20022‑compliant financial messaging platform supporting RTGS, NEFT, LC, BG and more. The modernised SFMS hub now enables higher scalability and seamless integration with banks’ internal systems, reaffirming its role as a highly secure and future‑ready platform. GIFT–A comprehensive payment and settlement system for global central banks, successfully deployed internationally and enabling secure, STP-based processing for batches, gross and bulk settlements. IFS Cloud–A sovereign, multi‑region cloud infrastructure purpose‑built for India’s regulated financial sector. Designed for security, scalability and regulatory compliance. Advisory Services–Leveraging deep expertise in national payment systems, networks, and digital frameworks, IFTAS offers strategic advisory to domestic and international central banks and financial institutions. IFTAS continues to innovate and reinforce India’s financial technology landscape—driving reliability, modernization, and digital advancement across the nation’s financial ecosystem.
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The IFTAS - Indian Financial Technology & Allied Services annual revenue was $19.9 million in 2026.
Santosh Mohile is the Chief Executive Officer - IFTAS of IFTAS - Indian Financial Technology & Allied Services.
312 people are employed at IFTAS - Indian Financial Technology & Allied Services.
IFTAS - Indian Financial Technology & Allied Services is based in Mumbai, Maharashtra.
The NAICS codes for IFTAS - Indian Financial Technology & Allied Services are [521, 52111, 5211, 52, 521110].
The SIC codes for IFTAS - Indian Financial Technology & Allied Services are [60, 601].