Supreme Court’s Key Ruling on Capping Late Credit Card Payment Charges: A Game Changer for Consumers
In a landmark ruling that can have far-reaching implications for the financial sector and thousands of consumers nationwide, the Supreme Court ruled that late charges on credit cards be capped. The ruling will transform how credit card issuers, including industry majors like ICICI, manage their overdue accounts, bringing relief to consumers frequently saddled with hefty…