Using a credit card? From usage beyond limit to overlimit fees – top queries answered based on RBI’s new FAQs

Credit cards offer a convenient means to manage finances and enhance financial well-being. By using credit cards responsibly, individuals can build a positive credit history and improve their financial habits. RBI guidelines state that credit cards can only be used beyond the approved limit with explicit consent from the cardholder to avoid over-limit charges.

Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News