The Reserve Bank of India (RBI) recently extended the timeline for implementation of certain provisions of the master directions it issued on issuance of debit cards and credit cards by how many months?
The Reserve Bank of India (RBI) extended the timeline for implementation of certain provisions of the master directions it issued on issuance of debit cards and credit cards by three months from July 1, 2022 to October 1, 2022. In the master directions issued, RBI had said card issuers will have to 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 than 30 days from the date of issuance. If no consent is granted by the customer, card-issuers will have to close the credit card account without any cost to the customer within seven working days from the date of seeking confirmation from the customer.
Which of the following institution was established by the Government of India to develop and regulate international financial services centers in the co...
Who has been designated as the new Chief Coach of India's Men's National Hockey Team in March 2023, replacing Grahan John Reid?
According to the RBI, how much percent increase has been recorded in bank credit in July 2022?
What does the draft Broadcasting Services (Regulation) Bill, 2023 aim to achieve?
The Government of India has approved a plan to establish ______ new multipurpose Primary Agricultural Credit Societies (PACS) / dairy / fishery primary ...
A short-term government security paper is called ______?
What is the total value of transactions processed by the UPI platform in November, setting a new record and surpassing the previous month's figures?
’A’ App has been developed to democratize information on citizen services & provide citizen-centric services in India.It has been launched by th...
What is the main objective of KYC guidelines followed by Banks?
I- It helps prevent banks from using criminal networks.
II- KYC helps the ...
Which company unveiled the Card Soundbox, a device that allows merchants to accept both mobile and card payments, including Visa, Mastercard, American E...