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Banking transactions News

22 Dec 2023

Year-Ender 2023: RBI Makes These Changes In Bank Transactions - Check

The RBI's dedication to adjusting to changing economic conditions and promoting financial stability in the banking industry is demonstrated by these calculated actions.

electronic banking transactions

12 Aug 2016

Electronic banking transactions: Customer not liable if fraud due to bank's fault

Amid rise in cases of unauthorised electronic banking transactions, RBI has proposed that customer will have no or zero liability in case of fraud being committed because of bank's negligence or third breach.

Banking transactions

01 Apr 2016

Banks can halve transaction costs by going digital: Report

Banks in India can reduce costs by up to 50 percent per transaction in the next few years by redesigning their processes and systems for the digital age, structurally changing their cost base and instituting more aggressive cost management processes, says a report.

19 Nov 2015

One-day stir at RBI hits key banking services

Major banking transactions took a hit Thursday as over 17,000 employees of RBI went on 'one-day mass casual leave' protesting against reform measures of the central government and seeking better retirement benefits.

Reliance Communications

27 Aug 2014

Reliance Communications ready with mobile banking services

Reliance Communications is ready with its mobile banking services to enable banking transactions for its customers irrespective of mobile handset, make or region, a company statement said here Wednesday.

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