{"id":59731,"date":"2022-08-27T16:33:05","date_gmt":"2022-08-27T11:03:05","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=59731"},"modified":"2022-08-27T16:33:07","modified_gmt":"2022-08-27T11:03:07","slug":"ifsca-notifies-directions-for-issuance-of-debit-cards-by-ifsc-banking-units","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/ifsca-notifies-directions-for-issuance-of-debit-cards-by-ifsc-banking-units\/","title":{"rendered":"The IFSCA Notifies Directions for Issuance of Debit Cards by IFSC Banking Units"},"content":{"rendered":"<p>On 25th August 2022, the International Financial Services Centers Authority (IFSCA) issued a notification, F.No. 110\/IFSCA\/Banking Regulation\/2022-23\/3, which states the directions for issuing directions to be complied with for the issuance of Debit Cards by the IFSC Banking Units, also known as IBUs. The notification was issued through the exercise of powers conferred under section 35A of the Banking Regulation Act,1949 and section 13(1) of the International Financial Services Centres Authority Act, 2019, which is to be<br>incorporated in the IFSCA Banking Handbook during the subsequent <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Amendment&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;An &amp;quot;amendment&amp;quot; refers to the formal change or correction of a legal document, often involving additions, variations, or deletions to address irregularities or clarify points in an agreement.(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/amendment\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>amendment<\/a>\/updating of the Handbook.<\/p>\n\n\n\n<p>The IFSCA defines Debit Cards as a physical or virtual payment instrument containing a means of identification, linked to a Saving Bank\/Current Account which can be used, subject to prescribed terms and conditions, to &ndash;<\/p>\n\n\n\n<ul><li>Withdraw cash<\/li><li>Make online payments<\/li><li>Undertake PoS terminal transactions, fund transfers, etc.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>On 25th August 2022, the International Financial Services Centers Authority (IFSCA) issued a notification, F.No. 110\/IFSCA\/Banking Regulation\/2022-23\/3, which states the directions for issuing directions to be complied with for the issuance of Debit Cards by the IFSC Banking Units, also known as IBUs. The notification was issued through the exercise of powers conferred under section [&hellip;]<\/p>\n","protected":false},"author":61,"featured_media":59738,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IFSCA Notifies Directions for Issuance of Debit Cards by IFSC Banking Units<\/title>\n<meta name=\"description\" content=\"IFSCA notify, which states directions for issuing directions to be complied with for issuance of Debit Cards by the IFSC Banking Units, also known as IBUs.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/ifsca-notifies-directions-for-issuance-of-debit-cards-by-ifsc-banking-units\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IFSCA Notifies Directions for Issuance of Debit Cards by IFSC Banking Units\" \/>\n<meta property=\"og:description\" content=\"IFSCA notify, which states directions for issuing directions to be complied with for issuance of Debit Cards by the IFSC Banking Units, also known as IBUs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/ifsca-notifies-directions-for-issuance-of-debit-cards-by-ifsc-banking-units\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-27T11:03:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2022\/08\/MicrosoftTeams-image-134.png\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"352\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/59731"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=59731"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/59731\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/59738"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=59731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}