◐ Press reported
Sectoral Regulators
American Express & Diners Club — Reserve Bank of India
Data localisation non-compliance · 2021-04-23
Key facts
- Authority
- Reserve Bank of India
- Date
- 2021-04-23
- Sector
- Fintech
- Legal provision
- RBI Storage of Payment System Data (2018)
- Penalty
- Business restriction
- Outcome
- Business Ban / Restriction
- Violation
- Data localisation non-compliance
What happened
The RBI stopped American Express and Diners Club from onboarding new customers over payment-data localisation non-compliance; the restriction on Amex was lifted in August 2022.
Sources & provenance
Reported by named news sources. No primary document has been attached to this entry yet.
Related enforcement actions
← All enforcement actions
Record ID: IND-RBI-002 · updated 2026-09-20