Summary: RBI's new guidelines for the issuance of credit and debit cards
The Reserve Bank of India (RBI) released new guidelines for the issuance of credit and debit cards, replacing nineteen existing directions.
Source: medianama.com
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RBI cancels Certificate of Registration of PC Financial Services
RBI has cancelled the Certificate of Registration of PC Financial Services Pvt Ltd.
Source: india.com
RBI cancels Certificate of Registration of PC Financial Services Pvt Ltd
Reserve Bank of India on Thursday cancelled the Certificate of Registration of PC Financial Services Pvt Ltd, Delhi for violation of RBI directions on outsourcing and Know Your Customer norms.
Source: webindia123.com
Digital financial transactions need a safety net
The Prime Minister recently called for a FinTech revolution with a security shield. The RBI’s working group on digital lending has submitted its recommendations, making it an opportune time to a
Source: tribuneindia.com
Protection of customer interest non-negotiable: RBI Deputy Governor to NBFCs
The Reserve Bank of India (RBI) is inundated with complaints of harsh recovery practices, breach of data privacy, increasing fraudulent transactions, cybercrime, excessive interest rates and harassment of consumers, said deputy Governor M Rajeshwar Rao cautioning NBFC players against coercive recovery practices.
Source: deccanherald.com