Central Bank of India, Indian Overseas Bank close sharply higher on disinvestment buzz, banks deny having knowledge on the matter
Earlier in the Union Budget Finance minister Nirmala Sitharaman announced that two public sector banks would be privatised this financial year.
View: Two tremendous transitions too soon for digital payments industryIndustry players need a breather after recurring payments revamp. Given that extensive technological, operational and integrational aspects need to be developed, tested and deployed in the payments ecosystem, the RBI should consider a transitional timeline of 6-12 months for solutions such as tokenization to be implemented.
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