Mastercard ban

<!-- -->Visa Inc. has complained to the US government over Indian government's preference to RuPayVisa Inc has complained to the US government that India's "informal and formal" promotion of domestic payments rival RuPay hurts the US …

A senior U.S. trade official privately criticised India’s July decision to ban Mastercard Inc from issuing new cards, calling it a “draconian" move that caused “panic", according to U.S. government emails seen by Reuters. The documents show…

<!-- -->RBI's restrictive action against Mastercard has been seen as "draconian" by a US officialA senior US trade official privately criticised India's July decision to ban Mastercard Inc from issuing new cards, calling it a…

Image Source : PTI/FILE RBI partially lifts ban on HDFC Bank after 9 months, allows to issue…