American express Officially responded to RBI ban

update from american express regarding RBI ban

https://www.americanexpress.com/en-in/company/n...

On 23 April 2021, the Reserve Bank of India (RBI) announced that it will be restricting American Express® Banking Corp. India from onboarding new customers from 1 May 2021.

As a result, we are currently unable to accept new Card applications. While we work closely with the Reserve Bank of India to resolve the situation, rest assured that American Express® is committed to complying with all regulations.

If you are an existing Cardmember, we would like to assure you that this directive does not impact the services that we offer to you. Please continue to use your American Express® Card without any concern.

Thank you for your valuable patronage.

Warm regards,
American Express® Banking Corp.