The government today said, Reserve Bank has been reviewing its policy to promote cashless transaction by electronic mode, which is safe, secure and convenient.
In a written reply in Lok Sabha, the Minister of State for Finance Santosh Kumar Gangwar said, according to RBI there has been a marked growth in electronic banking transaction since 2013-14.
The banks have been advised to keep an eye on number of transactions availed by the customers. (PTI)
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