RBI has mandated CICs to alert customers whenever their Credit Information Report is accessed by banks.
To initiate the use of the e-rupee, users must complete the straightforward setup process.
The UDGAM portal aims to assist users in identifying and claiming these dormant accounts.
Customers will now have the power to choose their desired credit card network or issuer.
LPSS is envisioned as the missing piece in India's digital payment landscape.