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Banks move SC on credit card rates

New Delhi, September 8: A group of foreign banks, which have been restrained by a consumer court from charging an interest of more than 30 per cent a year from credit card holders, today said they were free to decide interest rate on credit card dues. Challenging the consumer court’s judgement in the Supreme Court, fo ....Read more

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Hgh interest rate on credit cardBy: Sekar | Wednesday , 26 Nov '08 18:15:13 PM Reply | Forward All indians should stop paying more interest to foriegn banks credit cards and should insist bank to refund the interest collected so far from all foriegn banks and boycot using the cards. To start forum immediate to implement this.

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