The ruling comes after several banks challenged a 2008 NCDRC order, which had held that charging interest exceeding 30% on ...

The National Consumer Disputes Redressal Commission (NCDRC) recently exonerated a Hyderbad-based hospital and neurologist ...

The Supreme Court has ruled that the National Consumer Disputes Redressal Commission (NCDRC) lacks the authority to issue ...

Court ruled NCDRC's 16-yr-old decision 'appropriated' the RBI's jurisdiction. The commission had acted on a petition alleging ...

With the removal of the 30% cap, banks and financial institutions may have more flexibility in setting interest rates on late ...

MUMBAI: In a big relief for credit card issuers who are facing a rising tide of bad loans since the past few quarters ...

Mumbai: The next time you miss credit card payments, you may be hit by much higher interest charges and late fees then what ...

In a significant ruling, the Supreme Court has removed the 30% cap on credit card interest rates, enabling banks to impose ...

The Supreme Court on Friday set aside an order from the National Consumer Disputes Redressal Commission (NCDRC) regarding ...

A bench of justices Bela M Trivedi and Satish Chandra Sharma set aside the NCDRC’s decision, which had declared such high ...

The Supreme Court of India has overturned a 2008 order by the National Consumer Disputes Redressal Commission (NCDRC) that ...

The bench passed the verdict while allowing a batch of pleas filed by several banks challenging a 2008 ruling of the National ...