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RBI postpones implementation of certain norms related to cards by 3 months

Banks and non-banking financial companies (NBFCs) were to implement the Master Direction on 'Credit Card and Debit Card - Issuance and Conduct Directions, 2022' from July 1.

Topics
RBI | Credit card industry | NBFCs

PTI  |  Mumbai 



Mumbai: A security personal outside Reserve Bank of India (RBI) headquarters, in Mumbai, Wednesday, June 8, 2022. (PTI Photo

The Reserve Bank on Tuesday gave three more months to and issuing credit and debit cards to comply with certain norms including activation of cards without consent of customers.

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First Published: Tue, June 21 2022. 18:20 IST

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