RBI Lifts Restriction from Diners Club


The Reserve Bank of India (RBI) has lifted restrictions from Diners Club International Ltd., in view of the satisfactory compliance demonstrated by the entity.

The restrictions were imposed on 23rd April, 2021 by an order issued by RBI on Diners Club International Ltd. along with American Express Banking Corp. from on-boarding new domestic customers onto its card network from 1st May, 2021 for non-compliance with the RBI circular dated 6th April, 2018 regarding Storage of Payment System Data.


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