Published 10:03 IST, December 21st 2023
RBI introduced a Card-on-File (CoF) token facility at the level of banks
Generation of CoF tokens for a card, through the card issuer, can be enabled through mobile banking and internet banking channels.
RBI's measures aim to moderate unsecured loan growth, not halt credit flow | Image:
RBI
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20:41 IST, December 20th 2023