These debit, credit cards won't be valid from January 1

The central bank had issued the directive on August 27, 2015, and given the banks more than three years to complete the transition. The RBI had stated that "all new cards issued – debit and credit, domestic and international – by banks shall be EMV chip and PIN-based cards."

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2DRHiHa