RBI issues new norms for issuance of Credit Cards and Debit cards

The Reserve Bank of India has issued master directions for credit and debit card issuance in the year 2022. These fresh guidelines will come into effect from July 1, 2022. The 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 … Continue reading RBI issues new norms for issuance of Credit Cards and Debit cards