RBI appoints Technical Committee on Mobile Banking

The Reserve Bank of India has announced the constitution of a Technical Committee on Mobile Banking, to examine the options/alternatives including the feasibility of using encrypted SMS based funds transfer using an application that can run on any type of handset for expansion of mobile banking in the country. Terms of Reference of the Committee… Read More

Tags: Chief Information Officer, HDFC bank, ICICI Bank, India, Mobile banking, National Payment Corporation of India, Reserve Bank of India, Unstructured Supplementary Service Data