NDTV Profit Team
| Friday June 23, 2017
The Reserve Bank of India (RBI) has advised commercial banks to provide adequate transaction details in the passbooks of account holders. "In the interest of better customer service, it has been decided that banks shall at a minimum provide the relevant details in respect of entries in the accounts," the central bank said in a notification. The RBI said that many banks still do not provide adequate details of the transactions in the passbooks and/ or statements of account to enable account holders cross-check them.