Master Direction - Credit Card and Debit Card


Quick Summary
This document is the Reserve Bank of India's Master Direction on Credit Card and Debit Card Issuance and Conduct, effective from July 1, 2022. It outlines the comprehensive regulations for issuing and managing credit and debit cards in India. The directions cover applicability, definitions, eligibility criteria for card issuers, governance frameworks, issue procedures, underwriting standards, types of cards, closure processes, interest rates, charges, billing, and customer conduct. It's a vital resource for banks, Non-Banking Financial Companies (NBFCs), and anyone involved in the credit and debit card industry.

File details
PDF 341 KB 0 downloads Community & General
File description
Master Direction - Credit Card and Debit Card - Issuance and Conduct Directions, 2022 #pdf
Comments


CCI Pro


Popular Files


Follow