New Delhi: The RBL among the country's largest private banks has taken a major decision after the Reserve Bank of India (RBI) banned master cards. In a statement issued by the RBL on Thursday, it said it has resolved the problem and entered into an agreement with the visa card. He will now issue visa debit and credit cards to his customers.

State that no bank will be able to issue their cards after the order of the RBI. The order will come into effect from July 22. In fact, MasterCard has failed to comply with data storage norms. On which RBL says that the rate of issuance of credit cards will be affected after the Reserve Bank of India (RBI) prevents MasterCard Asia-pacific from issuing new credit, debit, and prepaid cards.

Tell you that RBL Bank currently issues credit cards only on Mastercard networks. According to information provided by the bank, the bank has signed an agreement with Visa Worldwide on Wednesday to issue capable credit cards on the visa payment network to deal with the problem after being banned from master cards. So that they can issue their customer cards.

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