With a view to inter-connect the ATMs in the country and facilitate convenience banking for the common man, the Institute conceptualized, developed and implemented the National Financial Switch. The National Financial Switch facilitates routing of ATM transactions through inter-connectivity between the Bank's Switches, thereby enabling the citizens of the country to utilize any ATM of a connected bank.

Dr. Y. V. Reddy, Shri. G. N. Bajpai, and Shri. C. S. Rao dedicated this National Financial Switch to the Nation on August 27, 2004.

The Institute started off the switch by connecting the ATMs of three banks. Thereafter, the Institute continuously worked towards bringing all banks on board and by December 2009, the network had grown to connect 49,880 ATMs of 37 banks, thereby emerging as the largest Network of shared ATMs in the country.

The Institute handed over the National Financial Switch to National Payments Corporation of India in January 2010. Please visit www.npci.org.in for the latest details.