Amid bank frauds, government to meet RBI, Trai, NPCI

NEW DELHI: Days after the problems at UCO Bank and multiple instances of frauds on a daily basis, the finance ministry and the parliamentary panel on ICT have decided to look into the issue.

Next week, financial services secretary Vivek Joshi will hold consultations with the Reserve Bank of India (RBI), Trai, telecom department and the National Payments Corporation of India (NPCI), among others, while the standing committee has already held talks with the finance ministry and Punjab National Bank (PNB) MD on the matter.