Case Brief
RBI has withdrawn the restriction that had been imposed on Diners Club International Ltd. by order dated April 23, 2021. That earlier order barred the company from onboarding fresh domestic customers onto its card network from May 1, 2021 for non-compliance with the RBI circular dated April 6, 2018 on Storage of Payment System Data. RBI says the restriction is being lifted because Diners Club International Ltd. has demonstrated satisfactory compliance.
Action Snapshot
- Primary Impact
- Lifted
- Entity Type
- Payment entity
- Action Type
- Action lifted
- Order Date