WebApr 22, 2024 · Updated: 22 Apr 2024 12:53 pm. The Reserve Bank of India on April 21 issued a fresh set of directions for banks and other lending organisations regarding the issuance of debit and credit cards ... WebApr 12, 2024 · Under the extant RBI's guidelines, lending institutions have the operational autonomy to formulate board-approved policy for levy of penal rates of interest. However, many RBI regulated entities (REs) use penal rates of interest, over and above the applicable interest rates, in case of defaults/non-compliance by the borrower with the terms on …
RBI to stop banks from capitalising penal charges on loans defaults
Web12 hours ago · Credit card spends touched an all-time high of Rs 1.37 trillion in March 2024, driven by discretionary spends, the latest Reserve Bank of India (RBI) data showed. It’s for the 13th consecutive month that credit card spends have topped the Rs 1-trillion mark, reflecting the increase in consumer spending since the easing of the Covid pandemic. WebPresenting to you the Finomenon Senior Committee for the academic year 2024-2024. As the senior committee for the 2024-2024 batch moves on to other… sample sharing for all files
Card Academy on Instagram: "ONE MORE GUIDELINE BY RBI? Credit card …
WebApr 7, 2024 · Indian Oil has previously launched credit cards with Axis Bank and HDFC Bank and Kotak is the newest addition. HDFC Bank Launches a co-branded Travel Credit Card with IRCTC – 2nd March, 2024. HDFC Bank in association with IRCTC has launched a new credit card – IRCTC HDFC Bank Credit Card. The card is available on the RuPay network and will ... WebApr 14, 2024 · Correct Answer: B. USD 300 million. Explanation: HDFC Bank, the leading private sector bank in India, has signed a Master Inter Bank Credit Agreement with the Export-Import Bank of Korea, with a total value of US $300 million.The signing ceremony took place in GIFT City, Gujarat, and aims to help HDFC Bank raise foreign currency funds, … WebApr 21, 2024 · Here are some key points to keep in mind if you own a credit card. For the issuance of credit and debit cards, the Reserve Bank of India (RBI) has issued ... The … sample shelf registration statement