RBL Bank's credit card issuance rate to be impacted post RBI's Mastercard ban

"Our bank's current run rate of approximately 1,00,000 new credit card issuances per month could potentially be impacted till such time that there is clarity from the regulator on issuing new credit cards on the Mastercard network or till the technical integration with Visa is complete," RBL Bank said in a regulatory filing.

from Personal Finance News-Wealth-Economic Times https://ift.tt/36E5oBz