Reserve Bank of India has issued advisories to financial institutions and public that it has not given any license/authorization to any entity/company to operate in cryptocurrency schemes or any Virtual Currencies such as Bitcoins.
Given concerns, both globally and locally including from the Reserve Bank of India, IndusInd Bank would like to caution you regarding the potential economic, financial, operational, legal, customer protection and security related risks associated in dealing with bitcoins, cryptocurrencies and virtual currencies.
Given concerns, both globally and locally including from the Reserve Bank of India, IndusInd Bank would like to caution you regarding the potential economic, financial, operational, legal, customer protection and security related risks associated in dealing with bitcoins, cryptocurrencies and virtual currencies.
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