New modified ATM Transactions by Banks in 2017 in India

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The ATM breach in India made the Central to ensure more security towards the ATM transitions.

To make the money transition more safer the Reserve Bank of India(RBI) going to merge the account of the customers of the banks with the fingerprint given by the customer in their Aadhaar based Bio-metric Authentication. 

Their will also be retinal scanners facilities by the upcoming year 2017.

This will reduce the theft of money through ATM and the help to monitor each individuals transition by monitoring the transaction the black money can also be made to a control because RBI continuously monitor the transaction of the black money holders.

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