The RBI on Wednesday, July 14, barred Mastercard from onboarding new credit, debit and prepaid card customers with effect from July 22. The action will not impact existing customers of Mastercard, the RBI said. Taking action against Mastercard, the RBI said, “notwithstanding lapse of considerable time and adequate opportunities being given, the entity has been found to be non-compliant with the directions on Storage of Payment System Data”.
Breaking News
Indian Overseas Congress USA stages protest against Modi policies at the United Nations
NEW YORK (TIP): The Indian Overseas Congress, USA, an advocacy organization that promotes democracy, human rights, and equal justice together with its supporters and friends, held a protest rally in front of the United Nations […]
India
225,620 Indians gave up citizenship in 2022: Govt tells Rajya Sabha
New Delhi (TIP)- A total of 225,620 Indians renounced their citizenship in 2022, the highest in the past 12 years, and more than 1.66 million people have given up their nationality since 2011, according to […]
Indian Americans
Indian American whiz kids winners of the 2018 National Geographic Bee
WASHINGTON DC (TIP): Indian American whiz kids won the top three awards at the 30th annual National Geographic Bee competition. Barring two, all the finalists were of Indian origin. For the seventh consecutive year, an […]
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