CashTree
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CashTree is an interbank network in India that has been in operation since March 2004. Bank of India is the settlement bank for this network, which started with just 6 public sector banks but later expanded to admit private sector banks.
The network has 13 member banks:[1]
- Bank of India
- Bank of Rajasthan
- City Union Bank
- Dena Bank
- Dhanalakshmi Bank
- Indian Bank
- Indian Overseas Bank
- Karnataka Bank
- Lakshmi Vilas Bank
- Syndicate Bank
- Union Bank of India
- United Bank of India
- Yes Bank
The Bank of Maharashtra left the network in April 2007. City Union Bank joined the network in June 2007.
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