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RBI

TRAI Teams Up with RBI and Banks to Launch Digital Consent Pilot Against Spam

The Telecom Regulatory Authority of India (TRAI) has started a new pilot project with the Reserve Bank of India (RBI) and few banks for digitally managing user consent and to decrease unwanted calls and messages. TRAI Notes Unverified Consent Behind Spam TRAI found that some businesses were still sending promotional calls and messages to customers […]

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 […]