MUMBAI, India, April 27 -- Reserve Bank of India issued the following notification:
RBI/2026-27/29
DOR.STR.REC.11/24-01-041/2026-27
April 27, 2026
Reserve Bank of India (Commercial Banks - Credit Cards and Debit Cards: Issuance and Conduct) - Amendment Directions, 2026
Please refer to Reserve Bank of India (Commercial Banks - Credit Cards and Debit Cards: Issuance and Conduct) Directions, 2025 (hereinafter referred to as 'the Directions').
2. Consequent to the issuance of Reserve Bank of India (Commercial Banks - Asset Classification, Provisioning and Income Recognition) Directions, 2026 and in exercise of the powers conferred by the section 35A of the Banking Regulation Act, 1949 and all other laws enabling the Reserve Bank in this r...