Tag Archives: Credit Card

RBI Restricts Mastercard from Issuing New Credit Cards

On Wednesday RBI Bans MasterCard from Issuing Credit Cards to New Customers. This is Ban on Fourth Entity after HDFC Bank, American Express Banking Corporation, and Diners Club International to which RBI restricts from Making New Customers. RBI Said that It has taken action against MasterCard citing non-compliance. From July …

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