A lot of preparatory work, in fact, has already been done. The IBM S/390 Mainframe Systems, which include Standby facilities to ensure minimal interruption in the availability of services, have been operationalised to serve as the platform for the implementation of the Systemically Important Payment System Applications including the RTGS System.
The Indian Financial Network (INFINET) has been operationalised for integrating the entire banking and financial sector. The Centralised Funds Management System (CFMS) has been operationalised to provide you on-line information on your aggregate funds position, maintained across our offices. Under the CFMS, fund transfer facilities between the RBI offices will be available shortly. This will help you in efficient deployment of your funds.