NaBFID to start lending operation in first quarter of next financial year: Kamath
"Realistically, we are a bank, and we need to get the nuts and bolts of a bank right...we are well into that," Kamath said at the 94th annual convention of Ficci.
RBI's push towards card security likely to hit merchants, lenders - industry sourcesRBI issued guidelines in March 2020 saying that merchants will not be allowed to save card information on their websites to boost data security. It issued fresh guidelines in September 2021 giving companies until the end of the year to comply with the regulations and offering them the option to tokenise.
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