Description:
______________________ RESERVE BANK OF INDIA____________________
www.rbi.org.in
RBI/2009-10/64
DBOD.No.FSD.BC.19 / 24.01.011/ 2009-10 July 1, 2009
Ashadha 9, 1931(Saka)
All Scheduled Commercial Banks /NBFCs
(excluding RRBs)
Dear Sir
Master Circular on Credit Card Operations of banks
Please refer to the Master Circular No. DBOD.FSD.BC.6/24.01.011/2008-09 dated July 1, 2008 on credit card operations of banks consolidating the instructions/guidelines issued to banks till June 30, 2008. The Master Circular has been suitably updated by incorporating instructions issued upto June 30, 2009. The Master Circular has also been put on the RBI website (http://www.rbi.org.in). A copy of the Master Circular is enclosed. All the credit card issuing banks/NBFCs should adhere to these guidelines strictly.
Yours faithfully
(P.Vijaya Bhaskar)
Chief General Manager-in-Charge
Encl: As above #pdf