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American Express
Business  /  Published 20.09.21

Anger over Mastercard ban

A senior US trade official privately criticised India’s July decision to ban Mastercard Inc from issuing new cards, calling it a “draconian” move that caused “panic”, acc...
By Reuters in New Delhi

World  /  Published 23.07.21

Internet outage hits websites

Dozens of websites were reported to be offline or slow to load on Thursday, according to the online platform Downdetector, creating headaches for consumers. The outage affected a range of companies, ...
By New York Times News Service in New York

Business  /  Published 16.07.21

Banks make a beeline for Visa

Banks are reaching out to Visa Worldwide (Visa) after the Reserve Bank of India cracked down on Mastercard for failing to comply with its data storage norms. Lenders that had tied up with Mastercard ...
By Our Special Correspondent in Mumbai

Business  /  Published 15.07.21

RBI cracks down on Mastercard

The Reserve Bank of India (RBI) has barred Mastercard from issuing new credit, debit and prepaid cards.  The Reserve Bank said Mastercard has not complied with India’s storage norms. The b...
By Our Special Correspondent in Mumbai

Business  /  Published 24.04.21

RBI freeze on Amex, Diners

The Reserve Bank of India has barred American Express Banking Corp (American Express) and Diners Club International Ltd (Diners Club) from taking on new credit card customers after they failed to comp...
By Our Special Correspondent in Mumbai


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