Master card Barred to issue new cards
Why in news?
The Reserve Bank has indefinitely barred the US-based Mastercard from issuing new credit, debit and prepaid cards with effect from July 2022 for its failure to comply with data storage norms.
Why in news?
The Reserve Bank has indefinitely barred the US-based Mastercard from issuing new credit, debit and prepaid cards with effect from July 2022 for its failure to comply with data storage norms.