What If Credit Card is Issued Without Consent ?

What should a customer do if a credit card is issued without his/her consent (unsolicited card)? Card issuers are prohibited from issuing unsolicited credit cards

Can a Late Payment Fees Charges on Partial Payment?

In case a cardholder makes partial payment, can a card-issuer charge interest/levy late payment charges on the total amount due? In case a cardholder does

Can a Bank Charges interest on the Credit Card unpaid taxes ?

No, a bank or Credit card issuers shall not capitalize i.e., levy interest or any other charges, on the unpaid taxes/levies/charges. As the provision contained

12th Bipartite Implemented- askbanking

PSB Employees Get 17% Salary Hike with 5 Days Banking

PSB Employees Get 17% Salary Hike with 5 Days Banking in recently signed 12th Bipartite Salary Revision Joint Note between IBA and UFBU (A joint

SBI Seeks Time to Give Details About Electoral Bonds

SBI Seeks Time to Give Details About Electoral Bonds

SBI seeks time to give details about electoral bonds and moves supreme court, seeks more time to furnish electoral bond details : Citing operational difficulty,

RBI Bans IIFL Finance

RBI Bans IIFL Finance From Sanctioning Gold Loans

RBI Bans IIFL Finance From Sanctioning Gold Loans and disbursement from immediate effect. RBI has stopped the IIFL from financing the Gold Loan due to

Share of Fixed Deposits in Banks’ Total Deposits up at 60.3% in Dec 2023

Share of Fixed Deposits in Banks’ Total Deposits up at 60.3% in Dec 2023 – The share of term deposits in scheduled commercial banks (SCBs)

Who is an OCI (Overseas Citizens of India) ?

In terms of Gazette Notification of Ministry of Home Affairs, Government of India, on and from 9th January, 2015 all the existing Persons of Indian