Big relief to Mastercard: RBI removed restrictions, now the company will be able to add new customers

On Thursday, RBI has given a big relief to Mastercard. The Reserve Bank has lifted the ban on the company. RBI had banned the issuance of new cards on MasterCard from July 2021 for non-compliance with the guidelines for data storage.

Updated on: June 17, 2022, 12.10 PM IST
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