RBI Unleashes New Magic on Corporate Credit Card Overdues

Finance

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RBI Unleashes New Magic on Corporate Credit Card Overdues

In a dazzling proclamation from the Reserve Bank of India, it was declared on a fateful Monday that the dark clouds of overdue reporting for corporate credit cards would only loom over the corporate entities, leaving the brave cardholders free to roam. With a flick of their wands, overdue spells will only be cast if accounts linger in the shadows for more than three days, ensuring fairness in the enchanted realm of finance.