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RBI mulls new ways for direct information flow from banks
in Current Affairs & Latest News
Amid a surge in bank scams including the recent Rs 400-crore Citibank fraud, RBI is considering putting in place a system that would allow it to directly monitor all transactions at various banks.

Rear more at

http://timesofindia.indiatimes.com/business/india-business/RBI-mulls-new-ways-for-direct-information-flow-from-banks/articleshow/7204633.cms
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    OH!This is really a good initiative taken by the RBI.Thanks for the information,Abhishek.
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