National Financial Switch (NFS) is the largest network of shared automated teller machines (ATMs) in India. It was designed, developed and deployed by the Institute for Development and Research in Banking Technology (IDRBT) in 2004, with the goal of inter-connecting the ATMs in the country and facilitating convenience banking.
National Financial Switch (NFS), a major network of shared automated teller machines (ATMs) in India, was established by IDRBT in 2004. Its purpose was to connect ATMs throughout the nation and make banking more convenient for customers.