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Tokenisation: The New Trend for Secure and Convenient Online Transactions Tokenisation is nothing but giving your sensitive information a secret identity. When you tokenise something, like a debit or credit card, you replace the actual details with a unique digital token. To make it more convenient for customers, RBI has recently announced card-on-file tokenisation or…
India’s forex reserves surged by USD 5.077 billion to reach USD 595.397 billion during the week ended November 17, as announced by the Reserve Bank on Friday. This increase comes after a decline of USD 462 million in the previous reporting week, bringing the total kitty to USD 590.321 billion. According to the Weekly Statistical…
New Delhi – Reserve Bank Governor Shaktikanta Das announced on Friday that the Rs 2,000 denomination notes are making a comeback, with only Rs 10,000 crore worth of such notes still in circulation. Das expressed confidence that these remaining notes will also be returned or deposited back into the banking system. “Rs 2,000 notes are…
