{"id":29158,"date":"2017-07-25T13:43:45","date_gmt":"2017-07-25T13:43:45","guid":{"rendered":"https:\/\/www.edristi.in\/?p=29158"},"modified":"2017-07-25T13:43:45","modified_gmt":"2017-07-25T13:43:45","slug":"maestro-card-will-outdated","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/maestro-card-will-outdated\/","title":{"rendered":"Maestro card will be outdated"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Question: Which of the following nationalized banks has decided to block\/ hotlistit\u2019s Maestro Debit Card from July 31st, 2017 for security reasons?<\/strong><br \/>\n(a) Allahabad Bank<br \/>\n(b) Canara Bank<br \/>\n(c) Punjab and Sind Bank<br \/>\n(d) Punjab National Bank<br \/>\n<strong>Answer- (d)<br \/>\nRelated facts:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>In a communication to its customers, Punjab National Bank decided to block or hotlist its &#8216;Maestro Debit Card&#8217; from July 31, 2017.<\/li>\n<li>The bank will replace these cards with more secure EMV chip based cards free of cost.<\/li>\n<li>The replacement is in accordance with the RBI advisory issued in 2015.<\/li>\n<li>As per RBI advisory, existing magnetic stripe only cards need to be replaced with EMV chip and pin based cards by December 31, 2018<\/li>\n<li>Bank has identified that there are about one lakh customers with old Maestro debit cards.<\/li>\n<li>Presently, PNB\u2019s card base stands at around 5.65 crore.<\/li>\n<li>It is notable that banks are also directed to issue only EMV based debit and credit cards from January 31, 2016 onwards.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Reference:<\/strong><br \/>\n<a href=\"http:\/\/www.businesstoday.in\/sectors\/banks\/punjab-national-bank-block-all-maestro-debit-cards\/story\/255656.html\" target=\"_blank\" rel=\"noopener\">http:\/\/www.businesstoday.in\/sectors\/banks\/punjab-national-bank-block-all-maestro-debit-cards\/story\/255656.html<\/a><br \/>\n<a href=\"https:\/\/www.pnbindia.in\/downloadprocess.aspx?fid=N9RMleS3mdDOr3F\/prULxw==\" target=\"_blank\" rel=\"noopener\">https:\/\/www.pnbindia.in\/downloadprocess.aspx?fid=N9RMleS3mdDOr3F\/prULxw==<\/a><br \/>\n<a href=\"http:\/\/www.thehindu.com\/business\/Industry\/pnb-to-block-all-maestro-debit-cards-from-july-31\/article19198080.ece\" target=\"_blank\" rel=\"noopener\">http:\/\/www.thehindu.com\/business\/Industry\/pnb-to-block-all-maestro-debit-cards-from-july-31\/article19198080.ece<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: Which of the following nationalized banks has decided to block\/ hotlistit\u2019s Maestro Debit Card from July 31st, 2017 for security reasons? (a) Allahabad Bank (b) Canara Bank (c) Punjab and Sind Bank (d) Punjab National Bank Answer- (d) Related facts: In a communication to its customers, Punjab National Bank decided to block or hotlist [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":28136,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-29158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/29158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=29158"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/29158\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/28136"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=29158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=29158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=29158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}