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master direction

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  1. xfactcc

    Seeking clarification regarding RBI Master Direction clause

    This is from Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions, 2022 Chapter-II, 6, (a),: vi. Card-issuers shall seek One Time Password (OTP) based consent from the cardholder for activating a credit card, if the same has not been activated by the customer for more...
    • xfactcc
    • Thread
    • banking rules credit card debit card master direction ombudsman rbi rbi circular
    • Replies: 7
    • Forum: RBI Guidelines
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