NFS Operational Excellence Awards
NPCI has taken significant steps towards process enhancements and technology upgradation. This has contributed substantially in enhancing the performance of National Financial Switch.
NPCI has initiated the ‘Operational Excellence Awards’ to identify and reward the member banks for their performance on the NFS ATM network. The best performing banks are recognized and awarded at the User Group Meeting held in December each year.
These awards are decided on the basis of key Predefined Operational Performance Parameters. Winners and Runner-Up Banks are selected by an eminent and independent panel. In order to ensure a fair approach, banks are classified into following three groups and top 2 performers in each category are recognized as ‘Winners’ and ‘Runners up’.
- Public Sector Banks
- MNC and Private Sector Banks
- Co-operative Banks