Separate system for electronic cash transactions: RBI resistance
Electronic cash transactions, to monitor the federal government's plan will result in a separate organization, the Reserve Bank resistance. central-government, "digital payment 'that, in promoting electronic cash transactions, electronic transactions, to examine set up a committee headed by Ratan tata, Central Finance Minister Arun Jaitley told give its recommendations, the unique control system or the Reserve Bank under , p organization additional authority, to monitor electronic cash transactions, has been reported. This information was released by the Reserve Bank, is also expressed strong opposition to the federal government, one official said, in relation to electronic transactions, the Reserve Bank has delivered a report to the Water Committee. In addition, financial market, cash flow, reduce, increase, citing its responsibility, so that the entire cash handling transactions, to be himself, the Reserve Bank said. The Reserve Bank Act, the Bank and the customer's well-being, considering the cash application on the basis of developed the bank without the cash payment may be undertaken, the electronic transaction as a separate jurisdiction within the monitoring system set up, the Federal Government is determined. The Reserve Bank's interest in the progress of the banks, because the development of electronic cash payment service companies, it is necessary to create a separate system as the government considers.
0 comments:
Post a Comment