US trade official called India's Mastercard ban 'draconian' - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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US trade official called India's Mastercard ban 'draconian'

RBI ban on Mastercard - a top payment network in India alongside Visa - triggered a flurry of emails between US officials in Washington and India as they discussed next steps with Mastercard, including approaching the India's central bank, the government emails show.

from Industry-Economic Times
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