Check Out RBI's New Rules For Credit, Debit Cards Effective From July
RBI's New Rules For Credit, Debit Cards: The Reserve Bank of India (RBI) has instructed credit card issuers not to issue unsolicited credit cards or upgrade current cards without the customer's specific agreement. "The issue of unsolicited cards/upgradation is strictly prohibited," the RBI stated in its master directives on credit and debit card issuance. These guidelines will
Source: sakshi.com