credit card rule change

If you use a credit card, you must be familiar with the term called billing cycle. As the name suggests, billing cycle refers to the period for which your credit card bill is generated. Understanding billing cycle is important for your…

The Reserve Bank of India (RBI) on Tuesday extended the timeline to implement various provisions related to credit card issuance till October 1. Earlier, the deadline was set at July 1. “Considering various representations received from the…

The Reserve Bank of India has announced that e-mandates for recurring payments have been hiked from Rs 5,000 to Rs 15,000. The new enhanced limit has come into effect already. The move comes days after the RBI in its monetary policy…