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News for SBI Customers …!!!!
SBI Card is now offering to restructure credit card payment of customers, who availed moratorium into loans, which have 70% lower interest rate, besides promising to pass on any relief ordered by the Supreme Court (SC) in future instalments.
Ashwini Kumar Tewari, MD and CEO of SBI Card says that the decision was made keeping in mind that interest on credit card balance is over 40% and any further delay in payment would only increase customer’s outstanding dues.