credit card companies: RBI diktat to banks, credit card companies set to upend long-term integrations
The Reserve Bank of India’s latest diktat to banks and card schemes like Visa and Mastercard to refrain from entering into exclusive arrangements could disrupt long-term symbiotic relationships between these two sectors.The directive is also set to disrupt the way banks undertake their credit card businesses and the commercials of those deals, according to senior bankers in the know.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in…