1) If the bank coming for first time in IMPS product even though already live in NFS or Rupay product, then bank should select the option as new bank when raising a request in IMPS. 2) If the bank coming for new scope or additional scope in the same ...
Keys, once used in the production movement, will never expire. However once the keys are issued, bank should go live in production within the prescribed TAT of 90 days; if not done, the bank needs to procure new set of keys from NPCI.
The Switch Keys depend on the ASPs. In case you have the same ASP for both Acquirer and Issuer, then the same set of keys can be used. In case the ASP is different for the Acquirer and the Issuer, then each ASP will have a different set of keys.