India:
Master Direction – Issuance And Operation Of Prepaid Payment Instruments
07 December 2017
Clyde & Co
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The RBI has issued notification dated October 11, 2017, pursuant
to which it has issued Reserve Bank of India (Issuance and
Operation of Prepaid Payment Instruments) Directions, 2017. This
Master Direction came into effect from October 11, 2017.
This update is authored by Clasis Law, Clyde &
Co's associated firm in India
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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