Friday, April 24, 2020

Electronic Cards can be issued for Overdraft Accounts: RBI [Read Circular]

The Reserve Bank of India( RBI ) has permitted banks to issue electronic cards to natural persons having Overdraft Accounts that are only in the nature of personal loan without any specific end-use restrictions. The card shall be issued for a period not exceeding the validity of the facility and shall also be subject to […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2zoHVac

No comments:

Post a Comment