RBI Raises Concerns Over Bajaj Finance’s Data Security Gaps and Operational Issues
The Reserve Bank of India (RBI) has raised concerns about Bajaj Finance’s management of its co-branded credit card business, citing data security and operational control issues. According to CNBC Awaaz, the RBI sent a ‘letter of displeasure’ to Bajaj Finance, highlighting its failure to identify risks and prevent fraud. This follows a previous letter from […]