A code uniquely identifies each bank branch participating in the two main Payment and settlement systems in India: the Real Time Gross Settlement (RTGS) and the National Electronic Fund Transfer (NEFT) systems.
Damit wird jede Bankfiliale eindeutig erfasst, die an den beiden Zahlungsverkehrs-Systemen in Indien teilnimmt: dem Real Time Gross Settlement (RTGS) und dem National Electronic Fund Transfer (NEFT).