reserve bank on india
Switch to chip-based debit cards by December 31: SBI to customers
The Reserve Bank on India had asked banks to issue only chip-based and PIN enabled debit and credit cards.
Cautious approach by RBI may be justified
RBI also defended its action, which it said was taken after much deliberations, where the impact was reviewed and steps taken accordingly.
RBI relaxes withdrawal norms, nudges retailers
The banks also disbursed over 2.16 lakh crore over the counter and via ATMs from November 10-27.
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