Govt asks all banks to have m-banking facility by March 31

Posted on:04 Mar 2017 09:25:58
Govt asks all banks to have m-banking facility by March 31
04 March 2017 Current Affairs: The Union Government has asked all banks to provide mobile banking facility to all customers by March 31, 2017.

This is part of the government’s efforts to boost the digital payment system. Banks will run a nationwide campaign to ensure that every customer who has a mobile phone is enabled for mobile banking. 

Bank customers who are using UPI or BHIM app will be automatically enabled for mobile banking.
The Union Government has asked all banks to provide mobile banking facility to all customers by March 31, 2017.

This is part of the government’s efforts to boost the digital payment system. Banks will run a nationwide campaign to ensure that every customer who has a mobile phone is enabled for mobile banking. 

Bank customers who are using UPI or BHIM app will be automatically enabled for mobile banking.

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