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‘Mastercard’s dual record maintenance led to RBI ban’

‘Mastercard’s dual record maintenance led to RBI ban’

The card network may also have been non-compliant with Indian central bank’s requirement to appoint a domestic auditor certified by the country’s nodal cybersecurity agency—Indian Computer Emergency Response Team (CERT-in)—to conduct its external compliance audit, the sources added.


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22 July 2021, 02:30