RBI lifts restrictions on Diners Club International; allows onboarding of new customers, reports PTI
The Reserve Bank of India on Tuesday lifted restrictions on Diners Club International and allowed it to onboard new domestic customers, reported news agency PTI. The restrictions have been lifted with immediate effect, the central bank was quoted as saying in a statement.
The RBI had on April 23, 2021, imposed restrictions on Diners Club International Ltd from onboarding new domestic customers onto its card network from May 1, 2021, for non-compliance with the norms on Storage of Payment System Data.
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