Ban Imposed on Diners Club International Lifted by RBI
In the recent development of events, the Reserve Bank of India has announced the lifting of the ban from Diners Club International. The ban was imposed on the latter in the month of April of this year for disregarding data storage norms and was barred from onboarding new customers. RBI decided to lift the ban on Diners Club International after they complied with specified guidelines. The Data Localization Rules by... Read More