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Tag: Credit card

Maharashtra man arrested in cyber fraud case in Adilabad

Posted on October 5, 2026 By admin
Maharashtra man arrested in cyber fraud case in Adilabad

The Adilabad One-Town police arrested a 25-year-old man from Maharashtra for allegedly duping a resident of Adilabad town of ₹73,279 by impersonating a bank official in July this year. The accused was identified as Chaitanya Pramod, 25, from Akola district of Maharashtra. Acting on a complaint, the police traced the accused using technical evidence obtained…

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Nation

Number Of Credit Cards More Than Doubled In 5 Years: RBI

Posted on January 28, 2025 By admin
Number Of Credit Cards More Than Doubled In 5 Years: RBI

New Delhi: The number of credit cards has more than doubled to around 10.80 crore at the end of December 2024, compared to December 2019 when there were 5.53 crore cards in circulation, according to a new RBI report. In contrast, number of debit cards have remained relatively stable, with a marginal increase from 80.53…

Read More “Number Of Credit Cards More Than Doubled In 5 Years: RBI” »

Nation

Banks Can Charge Over 30% Interest On Credit Card Dues: Supreme Court

Posted on December 26, 2024 By admin
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” »

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