RBI (Commercial Banks – Credit Cards and Debit Cards: Issuance and Conduct) – Amendment Directions, 2026

Reference

RBI/2026-27/29, DOR.STR.REC.11/24-01-041/2026-27

Issued

27 Apr 2026

Effective

Upcoming · 1 Apr 2027

Scope

Amends para 23(5) only: account reported "past due" to CICs and late-payment charges levied only once past due > 3 days; days-past-due counted from the statement payment due date per R24; charges apply only to the outstanding after the due date, not the total amount due.