Friday, August 22, 2014

Banking through basic handsets from Aug 28

........The push for basic mobile banking is also being undertaken by RBI. “Efforts will be made to leverage the potential of the high mobile density that exists in the country . Necessary groundwork will be undertaken to put in place standards for customer on-boarding, se curity of transactions and redressal of customer grievances,“ the central bank said in its vision and agenda document in its annual report on Thursday .........

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