RBI issued revised uniform guidelines on Internet Banking for cooperative banks
Q. RBI has issued uniform guidelines on what form of banking for all licensed cooperative banks on 5th November 2015?- Published on 09 Nov 15a. Internet banking
b. Mobile banking
c. Phone banking
d. None of the above
ANSWER: Internet banking
RBI on 5th November 2015 issued revised and uniform guidelines on internet banking for licensed cooperative banks such as UCBs, DCBs and StCBs. Guidelines are for View Only and Transactions facility. RBI has provided more privileges to UCBs through the revised guidelines.
