e-Payment for over INR 10 million and above: Reserve Bank of India
To ensure the safety and security of the payment systems, the Reserve Bank of India (RBI) has
To ensure the safety and security of the payment systems, the Reserve Bank of India (RBI) has
The Reserve Bank of India has launched an e-Portal (www.ict.cab.org.in) on information and communication technology (ICT) enabled financial inclusion efforts of banks.
Because of the fears of money laundering and misuse of the electronic money transfer facility by terror outfits, the Ministry of Home Affairs and the Financial Intelligence Unit (FIU) have sought for a detailed verification of all sub-agents of wire transfer companies such as the Western Union.
The Reserve Bank of India is planning to open counters at places of worship and markets to provide wider access to customers.
The Indian government is set to establish a trail of all foreign exchange transactions, including electronic transfers through various intermediaries by NRIs in the Gulf and America.
[This article was published in the July 2007 issue of the eGov Magazine (http://www.egovonline.net) ]
The government of India (GOI) is embarking on an enormous, wide-ranging set of e-Governance projects to achieve extensive government reform. The journey is full of challenges and mid course correction is due
The Postal department of India is planning to offer banking services through its full-fledged bank to be named Post bank of India.
The Department of telecommunications (DoT), India has issued the guidelines for telemarketers to check unsolicited calls.
Soon, villagers of remote areas in Andhra Pradesh (AP), India, will have the convenience of biometric based smart card and enjoy the facility of ‘anytime money’ in their villages.