banks News

Supreme Court Ruling: Banks Now Permitted to Impose Over 30% Interest on Credit Card Debts

The Supreme Court has ruled that banks can charge over 30% interest on credit card dues, overturning a 16-year-old NCDRC verdict. This decision emphasizes the importance of clear c...

South Korea Unveils Bold Measures to Strengthen Dollar Liquidity and Boost Export Financing

South Korea is expanding banks' forward exchange position limits by 50% and easing foreign currency loan regulations to improve foreign exchange liquidity and support exporting com...