Only card networks and issuing banks may get to tokenise data
Under the new norms, every online merchant processing transactions for customers will only have access to a 'tokenised' key linked with the consumer's cards instead of the entire card file.
Govt may explore CPSE-PSB HR synergyThe government could explore such synergies after the Department of Public Enterprises (DPE) was brought under the finance ministry in July this year. At present, 10 state-run lenders are functioning without an executive chairman.
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