Amendment to the Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions, 2022

RBI government on March 07, 2024 has issued Amendment to the Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions, 2022. The amended provisions contained in this circular shall come into effect from March 07, 2024.

Instructions relating to credit cards shall apply to all credit card issuing Banks and Non-Banking Financial Companies (NBFCs). Instructions relating to debit cards shall apply to every bank operating in India.

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