HomeNewsBusinessEconomyRBI, bankers worried over cyber security on e-payments: Naidu

RBI, bankers worried over cyber security on e-payments: Naidu

There is a need to convince the public to take the digital route for making transactions, says Arvind Panagariya, Vice Chairman of NITI Aayog. But the issue of cyber security remains and will be looked into, he adds.

December 09, 2016 / 09:15 IST
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The Reserve Bank of India (RBI) and other bankers raised concerns about cyber security while making digital payments when the Demonetisation Central Committee met for the first time on Thursday. Committee head Chandrababu Naidu says there are many safeguards deployed by countries across the world and the committee will advise the government and bankers on the issue.NITI Aayog Vice Chairman Arvind Panagariya also says there is need to convince the public to take the digital route for making transactions. But the issue of cyber security remains and will be looked into.Watch video for more details...

first published: Dec 9, 2016 08:44 am

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