Credit card billing rules that will be effective from July 1, 2022 - Economic Times

To minimise recurrent complaints about late billing, the card issuer may suggest that bills and account statements be sent via internet/mobile banking with the cardholder's informed consent.

The Reserve Bank of India (RBI) has released new guidelines regarding credit and debit card issuance on April 21, 2022. These include new rules regarding closure of credit cards, billing etc. The pr… [+3222 chars]

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