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Credit card: SC stays consumer court ruling
Updated On: 03 February, 2009 06:16 PM IST | | PTI
The Supreme Court on Tuesday stayed a consumer court order that capped interest rates charged by credit card companies at 30 per cent.
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The Supreme Court on Tuesday stayed a consumer court order that capped interest rates charged by credit card companies at 30 per cent.
The decision by a bench headed by Justice BN Agrawal would allow credit card issuers to charge any interest rate they deem proper till the final verdict is pronounced.
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