Rbi'S Tough New Credit Card Rules: Here'S How Cardholders Will Benefit - CNBCTV18

Now, the credit card issuers will have to provide a concise one-pager of all the fees and charges along with the credit card application to the customer. Also, unsolicited cards and upgrades will be strictly penalised.

The Reserve Bank of India (RBI) last week announced new rules pertaining to the issuance of debit and credit cards to customers. Once the new rules come into effect, card companies will require the e… [+2708 chars]

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