Reserve Bank Measures Raised Online Transactions

Oct 23, 2010, 19:04 IST

The Reserve Bank of India in February 2010 made it mandatory for banks to introduce an additional password for online transactions. Following this measure number of online transactions moved up both in terms of volume and value in the past few months.

The Reserve Bank of India in February 2010 made it mandatory for banks to introduce an additional password for online transactions. Following this measure number of online transactions moved up both in terms of volume and value in the past few months. The customers feel more comfortable with the additional authentication rule introduced in August 2009.

Jagranjosh
Jagranjosh

Education Desk

Your career begins here! At Jagranjosh.com, our vision is to enable the youth to make informed life decisions, and our mission is to create credible and actionable content that answers questions or solves problems for India’s share of Next Billion Users. As India’s leading education and career guidance platform, we connect the dots for students, guiding them through every step of their journey—from excelling in school exams, board exams, and entrance tests to securing competitive jobs and building essential skills for their profession. With our deep expertise in exams and education, along with accurate information, expert insights, and interactive tools, we bridge the gap between education and opportunity, empowering students to confidently achieve their goals.

... Read More
Get here latest daily, weekly and monthly Current Affairs and GK in English and Hindi for UPSC, SSC, Banking, Railway, Defence and exams. Download Jagran Josh Current Affairs App.

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

AndroidIOS

Trending

Latest Education News