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Ajay Banga: DU graduate, IIM-A alumnus who is set to head World Bank
Ajay Banga's nomination by the US all but assures he will assume a job that oversees billions of dollars of funding as the institution embarks on a major series of reforms to better respond to climate change and other pressing challenges facing developing countries.

Russian banks may issue cards with China's UnionPay as Visa, Mastercard cut link
Russian-issued Mastercard and Visa cards would be accepted within Russia until their expiry, Russia's central bank

US trade official called RBI’s ban on Mastercard ‘draconian’: Reports
The ban had reportedly triggered a series of emails between US officials in Washington and in India in which they had discussed the next steps with Mastercard.

American Express may partially resume operation in India from today: Report
The RBI has been taking strict actions against financial entities like Mastercard and American Express over non-compliance to regulatory guidelines in the country.

Published on Aug 07, 2021 05:46 AM IST
Written by Joydeep Bose | Edited by Amit Chaturvedi, Hindustan Times, New Delhi
Banks to stop issuing new cards on Mastercard network from July 22 after RBI ban
The Reserve Bank of India (RBI) pulled the plug on Mastercard over non-compliance with directions on ‘Storage of Payment System Data’.

Published on Jul 21, 2021 09:37 PM IST