New credit card closure rules effective from July 01, 2022 - Economic Times
4/21/2022 12:00:00 AM3 yearsago
by Sneha Kulkarni
by Sneha Kulkarni
The Reserve Bank of India (RBI) has issued new rules for card issuers regarding credit and debit card issuance. New restrictions surrounding credit card closure were among the modifications.
The Reserve Bank of India (RBI) has released new rules pertaining to credit and debit card issuance for the card issuers. Among the changes were the new rules regarding closure of credit cards. Bank… [+3279 chars]
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