Banks working with CEIB on data sharing to curb frauds

"We will have a uniform format for obtention of information and further aim towards digitisation of the whole information network, so that banks have real-time information," he said, adding that earlier this year the Reserve Bank had also given its nod on the Standard Operating Procedure (SOP) that the banks had proposed for submission of information or documents with the CEIB.

from Banking/Finance-Industry-Economic Times https://ift.tt/pavbSle