SC allows pleas against cap on credit card dues
21
Dec
SC allows pleas against cap on credit card dues Sub: Eco Sec: Monetary loss Context: Recently the Supreme Court allowed appeals by banks challenging a 2008 order of the National Consumer Disputes Redressal Commission (NCDRC). The 2008 NCDRC order had declared that charging over 30% interest per annum on credit card dues constituted […]