RBI extends timeline for implementing specified provisions of MD – Credit Card and Debit Card – Issuance and Conduct Directions, 2022 to 1st October, 2022 instead of 1st July, 2022
The Reserve Bank of India has decided basis stakeholder representations to extend the timeline for implementing the following requirements of the Master […]
PPI Master Direction does not permit loading of PPIs from credit lines, clarifies RBI; non-compliance may attract penal action under the PSS Act, 2007
The Reserve Bank of India (RBI), in a recent clarification w.r.t. Paragraph 7.5 of the Master Direction on PPI (“PPI-MD), states that […]