..................The RBI has issued the above mentioned directive as it has come across cases of some authorised dealers/ full-fledged money changers neither exercising due diligence nor adhering to KYC norms while selling prepaid foreign currency cards (issued by a few select banks) to their customers..........
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
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