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. Youâ€™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.