India: RBI lifts restrictions on Diners Club International
Mumbai, Nov 9 (PTI) The Reserve Bank on Tuesday lifted restrictions on Diners Club International and allowed it to onboard new domestic customers.
The restrictions have been lifted with immediate effect, the central bank said in a statement.
The RBI had on April 23, 2021, imposed restrictions on Diners Club International Ltd from onboarding new domestic customers onto its card network from May 1, 2021, for non-compliance with the norms on Storage of Payment System Data.