Reader Shankar asks,
Is there any Master Circular issued by the Reserve Bank of India on Credit Cards issued by Indian Banks?
There certainly is:
- Download the Master Circular on Credit Card Operations of Indian Banks.
- Download an update to the Master Circular.
There’s some pretty useful information in these documents. Again, take some time off this weekend and assimilate its contents. You’ll be glad that you did.
Awareness Fridays is my new initiative to spread awareness on topics relevant to personal finance — every Friday. I urge you to take some time off and absorb this information — it’s pretty useful. And, as always, do spread the word if you find this useful.
Further reading:
- Awareness Fridays: Guidelines for Customer Service in Indian Banks
- Awareness Fridays: Guidelines on Detection and Impounding of Counterfeit Notes at Indian Banks
- Awareness Fridays: [Update] Guidelines on Detection and Impounding of Counterfeit Notes at Indian Banks
- Awareness Fridays: Guidelines for Exchanging Mutilated Currency Notes at Indian Banks
- Awareness Fridays: One Good Reason to Stop Carrying Your Credit Card in Your Wallet
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