RBI issues New Guidelines, Benefits Credit Card Holders; No Late Fees will be Charged.
RBI Introduces Major Changes to Credit Card Late Fee Rules from 2025 — Big Relief for Cardholders : Starting in 2025, the Reserve Bank of India (RBI) has announced significant changes to credit card late fee regulations, offering major relief to cardholders. Under the new rules, banks will now charge limited and transparent late fees. … Read more
