{"id":4983,"date":"2022-06-17T06:42:18","date_gmt":"2022-06-17T06:42:18","guid":{"rendered":"https:\/\/bankkaro.com\/blog\/?post_type=web-story&#038;p=4983"},"modified":"2022-06-17T07:02:04","modified_gmt":"2022-06-17T07:02:04","slug":"mastercard-rbi-restrictions-removed","status":"publish","type":"web-story","link":"https:\/\/bankkaro.com\/blog\/web-stories\/mastercard-rbi-restrictions-removed\/","title":{"rendered":"Mastercard now allowed to issue cards in India"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link href=\"https:\/\/fonts.googleapis.com\/css2?display=swap&amp;family=Roboto%3Awght%40400%3B700\" rel=\"stylesheet\"\/>\n<style 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Neue\", sans-serif;;\n                font-size: calc(4 * var(--story-page-vw));\n                line-height: 1.4;\n                word-break: break-word;\n                word-wrap: break-word;\n                overflow-wrap: break-word;\n              }\n              <\/style>\n<p><meta name=\"web-stories-replace-head-start\"\/><title>Mastercard now allowed to issue cards in India<\/title><link rel=\"canonical\" href=\"https:\/\/bankkaro.com\/blog\/?post_type=web-story&amp;p=4983\"\/><meta name=\"web-stories-replace-head-end\"\/><\/head><body><amp-story standalone=\"\" publisher=\"BankKaro Blog\" publisher-logo-src=\"https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/05\/Bk-Story.png\" title=\"Mastercard now allowed to issue cards in India\" poster-portrait-src=\"https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2021\/12\/cropped-best-credit-cards-with-lowest-interest-rate.jpg\"><amp-story-page id=\"9daf64f5-a104-42a7-a95a-544512027d51\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-161bcd32-6fe9-41b4-919f-7bb7fb487c68\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:12.86408%;top:3.8835%;width:73.54369%;height:17.31392%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6600660066006601% 0.6600660066006601% 0.6600660066006601% 0.6600660066006601% \/ 1.8691588785046727% 1.8691588785046727% 1.8691588785046727% 1.8691588785046727%\" id=\"el-969003e9-6b30-4989-a89e-5e312e357180\">\n<h2 id=\"rbi-removes-restrictions-on-mastercard\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.08972772277227653% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.485437em;line-height:1.19;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">RBI removes restrictions on Mastercard<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:15.53398%;top:66.99029%;width:67.47573%;height:13.91586%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7194244604316548% 0.7194244604316548% 0.7194244604316548% 0.7194244604316548% \/ 2.3255813953488373% 2.3255813953488373% 2.3255813953488373% 2.3255813953488373%;background-clip:content-box;background-color:#000\" id=\"el-da1e2ef1-d9fa-437b-bc10-ada32de118cb\">\n<h3 id=\"restriction-on-mastercard-issuance-removed-with-immediate-effect\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.11128597122302133% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.2;text-align:center;padding:1.4388489208633095% 2.877697841726619%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Restriction on Mastercard issuance removed with immediate effect<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:12.86408%;top:89.4822%;width:56.79612%;height:4.04531%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8547008547008548% 0.8547008547008548% 0.8547008547008548% 0.8547008547008548% \/ 8% 8% 8% 8%\" id=\"el-955285ce-d3b0-4a24-a44e-066c1a6e95e6\">\n<h3 id=\"find-out-why\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.12980769230769268% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.349515em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Find out why&nbsp;<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:50%;top:85.43689%;width:33.25243%;height:11.65049%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" id=\"el-ce46e518-3ce4-4275-9d82-b8322454cb28\"><svg style=\"display:block;position:absolute;top:0;height:100%;width:auto\" viewBox=\"0 0 19 10\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><title>Arrow<\/title><path d=\"M17.9472 5.38801C18.1615 5.17372 18.1615 4.82628 17.9472 4.61199L14.4552 1.11992C14.2409 0.905633 13.8934 0.905633 13.6791 1.11992C13.4649 1.33421 13.4649 1.68165 13.6791 1.89594L16.7832 5L13.6791 8.10406C13.4649 8.31835 13.4649 8.66579 13.6791 8.88008C13.8934 9.09437 14.2409 9.09437 14.4552 8.88008L17.9472 5.38801ZM0 5.54873H17.5592V4.45127H0V5.54873Z\" fill=\"#3A566E\"><\/path><\/svg><\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:13.59223%;top:28.31715%;width:71.35922%;height:27.34628%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-80d959aa-0ea5-4092-b22e-442950e5e0ad\">\n<div style=\"position:absolute;width:100%;height:115.97632%;left:0%;top:-7.98816%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1594025741273-167998b49a02?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw0fHxjcmVkaXQlMjBjYXJkfGVufDB8fHx8MTY1NTI3NTA1OA&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=6720&amp;h=4480&amp;fit=max\" alt=\"person holding black and white card\" srcSet=\"https:\/\/images.unsplash.com\/photo-1594025741273-167998b49a02?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw0fHxjcmVkaXQlMjBjYXJkfGVufDB8fHx8MTY1NTI3NTA1OA&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=6720&amp;h=4480&amp;fit=max 6720w,https:\/\/images.unsplash.com\/photo-1594025741273-167998b49a02?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw0fHxjcmVkaXQlMjBjYXJkfGVufDB8fHx8MTY1NTI3NTA1OA&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=5376&amp;h=3584&amp;fit=max 5376w,https:\/\/images.unsplash.com\/photo-1594025741273-167998b49a02?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw0fHxjcmVkaXQlMjBjYXJkfGVufDB8fHx8MTY1NTI3NTA1OA&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=4032&amp;h=2688&amp;fit=max 4032w,https:\/\/images.unsplash.com\/photo-1594025741273-167998b49a02?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw0fHxjcmVkaXQlMjBjYXJkfGVufDB8fHx8MTY1NTI3NTA1OA&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=2688&amp;h=1792&amp;fit=max 2688w,https:\/\/images.unsplash.com\/photo-1594025741273-167998b49a02?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw0fHxjcmVkaXQlMjBjYXJkfGVufDB8fHx8MTY1NTI3NTA1OA&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=1344&amp;h=896&amp;fit=max 1344w,https:\/\/images.unsplash.com\/photo-1594025741273-167998b49a02?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw0fHxjcmVkaXQlMjBjYXJkfGVufDB8fHx8MTY1NTI3NTA1OA&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=340&amp;h=227&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 32vh, 71vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"100e57a9-be6a-41b6-9b1d-c0ea085dd48f\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-080cd50f-6f6b-487d-8809-f825b1304856\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:2.589%;width:69.66019%;height:8.09061%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 4% 4% 4% 4%;background-clip:content-box;background-color:#000\" id=\"el-479f1670-9f3a-4da1-b46a-50ac95e02bf4\">\n<h1 id=\"background\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.11367595818815267% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.582524em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Background<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:17.96117%;top:22.49191%;width:63.34951%;height:15.04854%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7662835249042145% 0.7662835249042145% 0.7662835249042145% 0.7662835249042145% \/ 2.1505376344086025% 2.1505376344086025% 2.1505376344086025% 2.1505376344086025%;background-clip:content-box;background-color:#000\" id=\"el-0ef86d2a-51c5-4b2c-b770-c70cc4f6f638\">\n<h3 id=\"rbi-had-restricted-mastercard-from-issuing-credit-cards\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.12931034482758566% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.532567049808429% 3.065134099616858%;color:#000000\"><span><span style=\"color: #fff\">RBI had restricted Mastercard from issuing credit cards<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.63107%;top:49.19094%;width:58.25243%;height:10.35599%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 3.125% 3.125% 3.125% 3.125%;background-clip:content-box;background-color:#000\" id=\"el-2825bb39-ad17-4c77-855b-b8135cf31428\">\n<h3 id=\"the-restriction-took-place-in-july-2021\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.14062499999999942% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">The restriction took place in July 2021<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.38835%;top:71.35922%;width:58.25243%;height:15.04854%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 2.1505376344086025% 2.1505376344086025% 2.1505376344086025% 2.1505376344086025%;background-clip:content-box;background-color:#000\" id=\"el-88a82116-f9f4-4149-9fa5-f670f47211df\">\n<h3 id=\"reason-local-data-storage-compliance-issues\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.14062499999999942% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">Reason: Local data storage compliance issues<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"9c1220e1-8689-455a-a353-ad2385b86512\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-8c0a173b-a5f6-4704-8801-586cc97be1d7\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:2.589%;width:69.66019%;height:15.04854%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 2.1505376344086025% 2.1505376344086025% 2.1505376344086025% 2.1505376344086025%;background-clip:content-box;background-color:#000\" id=\"el-16113c16-a5c8-4e6b-82c8-3b3c3e40c754\">\n<h1 id=\"what-has-happened\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.11367595818815267% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.582524em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">What has happened?<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:17.96117%;top:25.24272%;width:63.34951%;height:10.35599%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7662835249042145% 0.7662835249042145% 0.7662835249042145% 0.7662835249042145% \/ 3.125% 3.125% 3.125% 3.125%;background-clip:content-box;background-color:#000\" id=\"el-a7ea4b8c-4323-4374-a328-6335d2ccc776\">\n<h3 id=\"rbi-has-removed-all-restrictions\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.12931034482758566% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.532567049808429% 3.065134099616858%;color:#000000\"><span><span style=\"color: #fff\">RBI has removed all restrictions<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.63107%;top:46.92557%;width:58.25243%;height:19.7411%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 1.639344262295082% 1.639344262295082% 1.639344262295082% 1.639344262295082%;background-clip:content-box;background-color:#000\" id=\"el-db8204c6-b50c-4cdc-8982-b2f0d32c7e30\">\n<h3 id=\"mastercard-can-now-continue-issuing-new-credit-cards-in-india\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.14062499999999942% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">Mastercard can now continue issuing new credit cards in India<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.87379%;top:77.99353%;width:58.25243%;height:15.04854%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 2.1505376344086025% 2.1505376344086025% 2.1505376344086025% 2.1505376344086025%;background-clip:content-box;background-color:#000\" id=\"el-3788804a-c6c1-49c7-a2ff-6027c9e32d0b\">\n<h3 id=\"it-can-now-onboard-debit-credit-and-prepaid-card-users\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.14062499999999942% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">It can now onboard debit, credit, and prepaid card users<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"f4c3b418-8efd-4894-ad67-403241a95317\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-a38bee9d-056f-4f29-8582-282ca5a75680\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:2.589%;width:69.66019%;height:8.25243%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 3.9215686274509802% 3.9215686274509802% 3.9215686274509802% 3.9215686274509802%;background-clip:content-box;background-color:#000\" id=\"el-f9813202-d2ac-4bc0-9abc-af6d5c1e5035\">\n<h1 id=\"consequences\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.11367595818815267% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.582524em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Consequences<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:17.96117%;top:26.3754%;width:63.34951%;height:19.7411%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7662835249042145% 0.7662835249042145% 0.7662835249042145% 0.7662835249042145% \/ 1.639344262295082% 1.639344262295082% 1.639344262295082% 1.639344262295082%;background-clip:content-box;background-color:#000\" id=\"el-67ab916a-5cb8-42e6-a804-ac370e99c176\">\n<h3 id=\"mastercard-is-major-player-in-the-card-market-with-visa-and-rupay\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.12931034482758566% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.532567049808429% 3.065134099616858%;color:#000000\"><span><span style=\"color: #fff\">Mastercard is major player in the card market, with Visa and Rupay<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.38835%;top:65.37217%;width:58.25243%;height:19.7411%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 1.639344262295082% 1.639344262295082% 1.639344262295082% 1.639344262295082%;background-clip:content-box;background-color:#000\" id=\"el-155305e4-bb4f-4090-adfe-41bcee50ccf9\">\n<h3 id=\"competition-is-expected-to-become-fiercer-with-the-comeback\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.14062499999999942% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Competition is expected to become fiercer with the comeback<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"c6163e1d-8b6a-4002-b084-5c0aeb603f0b\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-662dfbf9-2137-4d9c-a66f-327995432c89\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:2.589%;width:69.66019%;height:15.04854%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 2.1505376344086025% 2.1505376344086025% 2.1505376344086025% 2.1505376344086025%;background-clip:content-box;background-color:#000\" id=\"el-8f8141c7-c535-43bf-8561-2e0b6c104799\">\n<h1 id=\"market-in-numbers\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.11367595818815267% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.582524em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Market in numbers<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:17.71845%;top:31.22977%;width:63.34951%;height:10.35599%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7662835249042145% 0.7662835249042145% 0.7662835249042145% 0.7662835249042145% \/ 3.125% 3.125% 3.125% 3.125%;background-clip:content-box;background-color:#000\" id=\"el-64fc86d3-69ff-44d5-9679-6ac543ba463c\">\n<h3 id=\"india-market-share-36\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.12931034482758566% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.532567049808429% 3.065134099616858%;color:#000000\"><span><span style=\"color: #fff\">India Market share: 36%<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.38835%;top:54.20712%;width:58.25243%;height:15.04854%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 2.1505376344086025% 2.1505376344086025% 2.1505376344086025% 2.1505376344086025%;background-clip:content-box;background-color:#000\" id=\"el-37f1ac00-d14a-4b87-b341-eb765ae092cb\">\n<h3 id=\"mastercard-debit-cards-in-india-400-million\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.14062499999999942% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">Mastercard debit cards in India: 400 million&nbsp;<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.14563%;top:78.64078%;width:58.25243%;height:15.04854%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 2.1505376344086025% 2.1505376344086025% 2.1505376344086025% 2.1505376344086025%;background-clip:content-box;background-color:#000\" id=\"el-15d45c11-5c65-4f9d-92e2-fcbaee5b0008\">\n<h3 id=\"mastercard-credit-cards-in-india-30-million\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.14062499999999942% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">Mastercard credit cards in India: 30 million+<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"47cfae4e-cbad-4540-bc1e-78626fd55409\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-6dbd108e-d21d-4e67-a503-aeaf314bce83\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:15.04854%;top:0;width:69.66019%;height:17.31392%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 1.8691588785046727% 1.8691588785046727% 1.8691588785046727% 1.8691588785046727%;background-clip:content-box;background-color:#000\" id=\"el-836ee659-2b8e-4dac-b79e-8797ac2ee8cf\">\n<h2 id=\"the-sbi-simplysave-is-a-solid-credit-card-for-offline-expenses\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.08841463414634151% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.453074em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">The SBI SimplySAVE is a solid credit card for offline expenses<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:58.41424%;width:69.66019%;height:24.11003%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 1.342281879194631% 1.342281879194631% 1.342281879194631% 1.342281879194631%;background-clip:content-box;background-color:#000\" id=\"el-e2c4fe07-334a-49d1-b90b-32673dc9701b\">\n<h2 id=\"with-mastercard-comeback-it-is-back-here-is-our-review\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.09472996515679369% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.485437em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">With Mastercard comeback, it is back. Here is our review!<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:16.50485%;top:27.18447%;width:66.50485%;height:24.43366%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-a72a2fce-3190-4485-a014-d64d93de0de0\">\n<div style=\"position:absolute;width:103.33031%;height:100%;left:-1.66516%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/03\/sbi-simplysave-credit-card.jpg\" alt=\"SBI SimplySAVE Credit Card Review\" srcSet=\"https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/03\/sbi-simplysave-credit-card.jpg 1920w,https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/03\/sbi-simplysave-credit-card-1600x853.jpg 1600w,https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/03\/sbi-simplysave-credit-card-1536x819.jpg 1536w,https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/03\/sbi-simplysave-credit-card-1160x619.jpg 1160w,https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/03\/sbi-simplysave-credit-card-1100x587.jpg 1100w,https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/03\/sbi-simplysave-credit-card-1024x546.jpg 1024w,https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/03\/sbi-simplysave-credit-card-800x427.jpg 800w,https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/03\/sbi-simplysave-credit-card-768x410.jpg 768w,https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/03\/sbi-simplysave-credit-card-760x405.jpg 760w,https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/03\/sbi-simplysave-credit-card-600x320.jpg 600w,https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/03\/sbi-simplysave-credit-card-550x293.jpg 550w,https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/03\/sbi-simplysave-credit-card-380x203.jpg 380w,https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/03\/sbi-simplysave-credit-card-300x160.jpg 300w\" sizes=\"(min-width: 1024px) 30vh, 67vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/03\/sbi-simplysave-credit-card.jpg\"><a href=\"https:\/\/bankkaro.com\/blog\/sbi-simplysave-credit-card-review\/3288\/\" rel=\"\">Read more<\/a><\/amp-story-page-outlink><\/amp-story-page><\/amp-story><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"RBI has removed all restrictions on Mastercard issuing new cards in India, with immediate effect. Read our story to know more!\n","protected":false},"author":2,"featured_media":4993,"template":"","meta":{"web_stories_publisher_logo":3554,"footnotes":""},"web_story_category":[],"web_story_tag":[],"class_list":{"0":"post-4983","1":"web-story","2":"type-web-story","3":"status-publish","4":"has-post-thumbnail","6":"cs-entry","7":"cs-video-wrap"},"story_data":{"version":43,"pages":[{"elements":[{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":true,"x":1,"y":1,"width":1,"height":1,"mask":{"type":"rectangle"},"isBackground":true,"isDefaultBackground":true,"type":"shape","id":"161bcd32-6fe9-41b4-919f-7bb7fb487c68","basedOn":"6dbd108e-d21d-4e67-a503-aeaf314bce83"},{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":true,"backgroundTextMode":"NONE","font":{"family":"Roboto","fallbacks":["sans-serif"],"weights":[100,300,400,500,700,900],"styles":["italic","regular"],"variants":[[0,100],[0,300],[0,400],[0,500],[0,700],[0,900],[1,100],[1,300],[1,400],[1,500],[1,700],[1,900]],"service":"fonts.google.com","metrics":{"upm":2048,"asc":1900,"des":-500,"tAsc":1536,"tDes":-512,"tLGap":102,"wAsc":1946,"wDes":512,"xH":1082,"capH":1456,"yMin":-555,"yMax":2163,"hAsc":1900,"hDes":-500,"lGap":0}},"fontSize":30,"backgroundColor":{"color":{"r":196,"g":196,"b":196}},"lineHeight":1.19,"textAlign":"center","padding":{"locked":true,"hasHiddenPadding":false,"horizontal":0,"vertical":0},"type":"text","content":"<span style=\"font-weight: 700; color: #fff\">RBI removes restrictions on Mastercard<\/span>","borderRadius":{"locked":true,"topLeft":2,"topRight":2,"bottomRight":2,"bottomLeft":2},"x":53,"y":24,"width":303,"height":107,"scale":100,"focalX":50,"focalY":50,"basedOn":"d9b083ba-0db1-42c4-a8bf-53d7e20eec85","id":"969003e9-6b30-4989-a89e-5e312e357180","marginOffset":0.48937499999999545},{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":true,"backgroundTextMode":"FILL","font":{"family":"Roboto","fallbacks":["sans-serif"],"weights":[100,300,400,500,700,900],"styles":["italic","regular"],"variants":[[0,100],[1,100],[0,300],[1,300],[0,400],[1,400],[0,500],[1,500],[0,700],[1,700],[0,900],[1,900]],"service":"fonts.google.com","metrics":{"upm":2048,"asc":1900,"des":-500,"tAsc":1536,"tDes":-512,"tLGap":102,"wAsc":1946,"wDes":512,"xH":1082,"capH":1456,"yMin":-555,"yMax":2163,"hAsc":1900,"hDes":-500,"lGap":0}},"fontSize":22,"backgroundColor":{"color":{"r":0,"g":0,"b":0}},"lineHeight":1.2,"textAlign":"center","padding":{"locked":true,"hasHiddenPadding":true,"horizontal":8,"vertical":4},"type":"text","content":"<span style=\"font-weight: 700; color: #fff\">Restriction on Mastercard issuance removed with immediate 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