 "visa")
Private sector lender RBL Bank on Thursday said it entered into an agreement with global card player Visa yesterday to issue credit cards enabled on the Visa payment network.
The bank is expecting to start issuing credit cards on the Visa payment network post the technology integration, which is expected to take 8 to 10 weeks.
Hence, it has conveyed that in the interim, the banks’ run rate of issuing 100,000 new credit cards per month would be impacted until there is some clarity from the Reserve Bank of India (RBI), on issuing new credit cards on the Mastercard network or till
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