RBI updates credit and debit card rules; here’s what it means for cardholders - Qoneqt
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    QONEQT in India

    08 Mar 06:00 PM


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    RBI updates credit and debit card rules; here’s what it means for cardholders

    The Reserve Bank of India (RBI) has made amendments to credit and debit card regulations to enhance transparency and accountability. The amendments cover various aspects, including business credit cards, penalties for card closure delays, form factors in place of debit cards, co-branded cards, compensation for grievances, and data protection guidelines.