Multiple choice

India Switch Company, which managed IBA's SWADHAN Network, has managed a new Network. What is the name of this new network?

  1. BANCS

  2. BANCASSURANCE

  3. BANKMASTER

  4. BANK PLUS

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A Correct answer
Explanation

India Switch Company, which managed IBA's SWADHAN ATM network, created and managed the BANCS network as a new initiative. SWADHAN was earlier shared ATM network for banks. BANCS became another important banking network in India's evolving ATM/shared banking infrastructure in the early 2000s.