Why RBI has increased its scrutiny on co-branded credit cards
Monday, 11 March 2024 The RBI tightens scrutiny on co-branded credit cards to prevent unauthorized entry. Non-banking finance companies seek approval but only a few banks are permitted. Swiggy, Tata Neu, ICICI Bank, and HDFC Bank issue credit cards through co-branding arrangements. B2B vendor payments totaling Rs 30,000 crore per month have been halted. The total number of credit cards is 99.
Visa and Mastercard Settle , Antitrust Suit Over Swipe Fees.
The two companies have reached a settlement with American merchants which could "save consumers tens of billions of dollars," NBC News..
Credit: Wibbitz Top Stories Duration: 01:30Published
Monday, 11 March 2024
![Visa and Mastercard Settle Antitrust Suit Over Swipe Fees [Video]](https://video.newsserve.net/300/v/20240326/1370991384-Visa-and-Mastercard-Settle-Antitrust-Suit-Over-Swipe.jpg)
