RBI lifts new card issuance restriction on Diners Club - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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RBI lifts new card issuance restriction on Diners Club

“In view of the satisfactory compliance demonstrated by Diners Club International Ltd. with the Reserve Bank of India (RBI) circular dated April 6, 2018 on Storage of Payment System Data, the restrictions imposed, vide order dated April 23, 2021, on on-boarding of fresh domestic customers have been lifted with immediate effect,” the regulator said in a statement.

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