By Aditya KalraNEW DELHI (Reuters) – A senior U.S. trade official privately criticised India's July decision to ban Mastercard Inc from issuing new cards, calling it a 'draconian' move that caused 'panic', according to U.S. government emails seen by Reuters.The documents show frustration within the U.S. government after India's central bank banned https://www.reuters.com/article/india-banking-american-express-idUSL4N2MG3I6 new card issuance by American Express and Diners Club International in April, then took similar action against Mastercard https://www.

https://whtc.com/2021/09/19/exclusive-u-s-trade-official-called-indias-mastercard-ban-draconian-emails/

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