Credit Card lobby wins:
Supreme Court sets aside NCDRC judgment capping interest on credit card dues at 30%
In its 2008 judgment, the NCDRC had come down heavily on banks for charging interest rates between 36 percent to 49 percent on credit card dues.
https://www.barandbench.com/news/supreme-court-sets-aside-ncdrc-judgment-capping-interest-credit-card-dues-30
Supreme Court sets aside NCDRC judgment capping interest on credit card dues at 30%
In its 2008 judgment, the NCDRC had come down heavily on banks for charging interest rates between 36 percent to 49 percent on credit card dues.
https://www.barandbench.com/news/supreme-court-sets-aside-ncdrc-judgment-capping-interest-credit-card-dues-30