RBI Issues Revised Guidelines on Credit Card Billing Statements; Full Waiver Window Extended

The RBI has directed all card issuers to extend the full bill payment waiver window from 15 days to 20 days and simplify credit card billing statement disclosures. These revised guidelines under the Credit Card Billing Statements (CCBS) framework will take effect from July 1, 2026. Cardholders will receive clearer breakdowns of interest, fees, and rewards. Source: The Hindu BusinessLine.

Generated by Straico · Source: The Hindu BusinessLine