Question : CREDIT CARDS



(a) whether the Government are aware that certain private banks and credit card companies are issuing credit cards without verifying residential address and other identity proof and it is being misused in terrorist activities ;

(b) if so, whether the Government have issued any directives to private banks and credit card companies in this regard;

(c) if so, the details thereof ; and

(d) if not, the reasons therefor ?

Answer given by the minister

THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI ANANDRAO V. ADSUL)

(a) :- No, Sir.

(b), (c) & (d) :- Does not arise.