Matribhumi Samachar English
Mumbai. Friday, 1 May 2026 The Reserve Bank of India (RBI) has officially overhauled the “Credit Card and Debit Card – Issuance and Conduct Directions” to favor consumer protection. This move specifically targets the “debt trap” created by rigid penalty structures and immediate reporting of defaults to credit bureaus. By …
Read More »RBI Credit Card Rules 2026-27: 3-Day Grace Period & Fair Late Fees Explained
