NPCI's decision to block C-Edge from retail payments system averted a systemic impact: RBI Governor

RBI Governor Shaktikanta Das praised NPCI's decision to temporarily block C-Edge Technologies from the retail payments system to prevent systemic impact after a ransomware attack. The incident, affecting 300 small lenders, was isolated by NPCI's action, minimizing broader disruptions. C-Edge is conducting a forensic review of its systems.
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