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  • RBI directive to limit customer liabilities

    RBI directive to limit customer liabilities

    RBI issues directive limiting the liability of customers in unauthorised electronic payment transactions in Prepaid Payment Instruments issued by authorised Non-Bank Issuers. The Reserve Bank of India (RBI) vide its Notification No. DPSS.CO.PD.No.1417/02.14.006/2018-19 dated 4 January 2019 (“the Directive”) has

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