Banks Can Charge Over 30% Interest On Credit Card Dues: Supreme Court
New Delhi: Banks can charge over 30 per cent on credit card dues from customers after the Supreme Court set aside a sixteen-year-old National Consumer Disputes Redressal Commission verdict, which held charging excessive interest rates amounted to an unfair trade practice. A bench of Justices Bela M Trivedi and Satish Chandra Sharma said NCDRC’s observations…
Read More “Banks Can Charge Over 30% Interest On Credit Card Dues: Supreme Court” »