The day I got my new Stanchart, I used it on the net and the charge went through like a dream. In January this year when I traveled to Europe, I was able to use both my cards, the Stanchart and the HSBC freely without the slightest hitch. Sure, there are still a few problems. The credit limits are way too low. You still have to abide by the RBI rules and adhere to the allowable foreign exchange for the year.
Online transactions are still difficult within India.