RBI/2007-2008/32 DBOD.FSD.BC.17 / 24.01.011/
July 2, 2007
Aashadha 11, 1929 (Saka)
All Scheduled Commercial
Banks /NBFCs (Excluding RRBs)
Circular on Credit Card Operations of banks
Please refer to the
Master Circular No. DBOD.FSD.BC.10/24.01.011/2006-07 dated July 1, 2006 on credit
card operations of banks consolidating the instructions/guidelines issued to banks
till June 30, 2006. The Master Circular has been suitably updated by incorporating
instructions issued upto June 30, 2007. The
Master Circular has also been put on the RBI website (http://www.rbi.org.in).
All the credit card issuing banks/NBFCs should adhere to these guidelines strictly.
(P.Vijaya Bhaskar) Chief
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