RBI in discussion with banks to revise guidelines for large syndicated loans
“In order to mitigate the shortcomings in the existing arrangements for credit delivery, it was decided to relook at the model of syndicated loans for large value credits,” said an official aware of the matter, adding that Indian Banks’ Association (IBA) has submitted a report to the RBI in this regard.
RBI enhances scope of tokenisation to ensure security of card data“Citing the convenience and comfort factor for users while undertaking card transactions online, many entities involved in the card payment transaction chain store actual card details, known as Card-on-File (CoF),” RBI said in a statement Tuesday. “It may be noted that introduction of CoF tokenisation (COFT) while improving customer data security, will offer customers the same degree of convenience as now.”
https://ift.tt/3DVG4GM
Post a Comment