Multiple choice

Which ATM network is sponsored by Indian Banks' Association?

  1. ATM Net

  2. RBI Net

  3. SWADHAN

  4. Bank Net

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

SWADHAN was the first shared ATM network in India, sponsored by the Indian Banks' Association (IBA) in the 1990s. It allowed customers of member banks to use ATMs across the network before the National Financial Switch (NFS) made interbank ATM access universal.

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