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Indian Credit Card Holders Should Expect Annual Card Fee’s

October 2, 2008 · Filed Under Credit Cards, ICICI Credit Cards · 2 Comments 

Indian credit card issuers that have been lobbying for an end to the cap on penal rates of interest are upgrading existing customers to platinum or titanium cards. Card issuing banks are doing this in the eventuality that the Supreme Court upholds the National Consumer Disputes Redressal Commissions decision to cap interest rates at 30%.

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