← Top stories
● Neutral for Indian equities
Credit card debt: Can banks ask families to repay it after cardholder dies? What if there’s no will? Explained
The brief
- The article asks whether families must repay a deceased cardholder’s credit card debt
- It also asks what happens when the cardholder leaves no will
- Debt-recovery rules matter to Indian banks and families handling a cardholder’s estate
- Crude oil, bond yields squeeze markets as risk-off mood deepens
- Sensex, Nifty end sharply lower; PSU Bank shares bear brunt
- RBI MPC October 2026: Sanjay Malhotra & co may raise interest rates to 5.50% as inflation broadens, poll finds
- Maharashtra drought: Why the 265-tehsil crisis could hit markets and the economy
- Broadening inflation and strong growth add to pressure for an RBI rate hike