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Daily Archives: June 22, 2022

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RBI extends implementation of some norms for credit and debit cards

Reserve Bank Functions and newsBy Surendra NaikJune 22, 2022

The Reserve Bank of India vide circular dated April 21, 2022, had issued master directions for credit and debit card issuance in the year 2022. These guidelines apply to banks excluding payment banks, state co-operative banks, and district central co-operative banks. Also, all NBFCs operating in India should follow the new norms of card issuance…

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