India central bank meets bank officials after debit card security breach
- Top 10 News for 12/2: Crude Rips on OPEC Cut; Starbucks' Schultz Steps Down; Nonfarm Payrolls Flat in Nov.
- Unemployment Rate Drops to 4.6%
- Bond yields slip on U.S. jobs data, euro steady before Italy vote
- Alibaba (BABA) Founder Jack Ma Discuss Plans to Retire; 'I Don't Want to Die at the Office'
- Starbucks Coffee (SBUX) CEO Howard Schultz to Step Down, Appointed Executive Chairman; Kevin Johnson New CEO
A man walks past ICICI Bank and Yes Bank automated teller machines (ATMs) in New Delhi, India, October 20, 2016. REUTERS/Adnan Abidi
Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here.
MUMBAI (Reuters) - India's central bank said it met with senior officials from select banks, the National Payment Corporation of India and card network operators following one of the country's largest-ever cyber security incidents.
A slew of banks in India are replacing or asking their customers to change security codes of as many as 3.25 million debit cards due to fears that the card data may have been stolen.
The meeting was to review the steps taken by various agencies to contain any adverse fallout, the Reserve Bank of India said on Monday, adding that the number of cards misused, as per currently available information, was few.
For full press release see: https://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=38392
(Reporting by Abhirup Roy; Editing by Toby Chopra)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- RBS settles with majority of claimants over 2008 share issue
- Air strikes kill 73 in rebel-held Idlib province: war monitor
- Socialist French PM Valls poised to announce 2017 presidential bid
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!