explained value cards calls does impact happens rewards details data limit record markets contactless application soon india help billion quarter late debit deadline fiveyear rupay offer policy investors social guide

Articles for Card Issuers, search results for apply

RBI issues new guidelines for issuance of credit cards, allow customers to choose from multiple card networks
9 months, 2 weeks ago

RBI issues new guidelines for issuance of credit cards, allow customers to choose from multiple card networks

India TV News  

RBI guidelines: The Reserve Bank of India on Wednesday issued new guidelines aimed at providing more options and flexibility for credit card customers. The central bank said card issuers must allow provide an option to their eligible customers to choose from multiple card networks at the time of issue. “On a review, it is observed that some arrangements existing between …

Card Rbi Networks New Guidelines Issuers Card Networks Card Issuers
Explained | RBI’s proposal for interoperability of credit and debit cards
1 year, 4 months ago

Explained | RBI’s proposal for interoperability of credit and debit cards

The Hindu  

The story so far: On July 5, apex banking regulator Reserve Bank of India floated a draft circular seeking comments from stakeholders about mandating that card issuers provide their customers with the choice of multiple card networks. The regulator has also proposed that cards be issued across more than one network, with issuers not enteringinto any arrangement or agreement with …

Credit Network Credit Cards Card Cards Rbi Customers
Credit cards: What are some hidden charges associated with their usage? MintGenie explains
1 year, 5 months ago

Credit cards: What are some hidden charges associated with their usage? MintGenie explains

Live Mint  

Credit cards have revolutionized the way we manage our finances, offering convenience, rewards, and financial flexibility. In this article, we will dive into the world of hidden charges, exploring the various fees and costs associated with credit card usage. When you carry forward a balance from one billing cycle to the next, credit card issuers apply finance charges or interest …

India Credit Interest Rates Fees Interest Charges Credit Cards
Key takeaways from RBI circular on credit cards
2 years, 7 months ago

Key takeaways from RBI circular on credit cards

Live Mint  

The Reserve Bank of India has released directions on issuing credit and debit cards, aiming to empower card users and check misconduct of issuers. Non-bank lenders must seek RBI nod before issuing credit cards, and follow strict regulations on sharing data even with their co-branding partners. The regulations empower credit card customers, mandate lenders to take consent of customers on …

Credit Charges Credit Cards Card Cards Rbi Issuers