Please give us guideline below circular
Master Circular – Mobile Banking transactions in India – Operative Guidelines for Banks
As you are aware, the Reserve Bank of India has, from time to time, issued a number of circulars containing guidelines on Mobile Banking. This Master Circular has been prepared to facilitate the banks and other stakeholders to have all the extant instructions on the subject at one place.
2. The Master Circular has been updated by incorporating all the instructions/guidelines issued on Mobile Banking up to June 30, 2014 and has been placed on the RBI web-site (http://www.rbi.org.in). A list of circulars finding reference in this master circular is enclosed as Appendix.
ANY DIGITAL FACILITY ..WHICH DIRECTLY DEAL WITH THE CUSTOMER TRANSACTION OF THE BANK ..A CO OP BANK HAS TO OBTAIN PERMISSION FROM RBI.