RBI issued Uniform Guidelines on Internet Banking for Cooperative Banks
Reserve Bank of India (RBI) on 5 November 2015 issued revised and uniform guidelines on Internet Banking for all licensed cooperative banks including Urban Cooperative Banks (UCBs), Cooperative Banks (StCBs) and Districts Co-operative Banks (DCBs).
These guidelines relate to Internet Banking (View Only) facility and Internet Banking with Transaction facility.
Revised guidelines for Internet Banking (View Only) facility
All licensed StCBs, DCCBs and UCBs which have implemented Core Banking Solution (CBS) and migrated to Internet Protocol Version 6 (IPv6) may offer Internet Banking (View only) facility to their customers, without prior approval of RBI. Read More