Reserve bank will act swiftly if necessary:
New Delhi, Oct 24 Faced with a highly volatile capital market, Finance Minister P. Chidambaram Friday said the Reserve Bank of India will act swiftly if necessary to maintain financial stability.
The Federal Reserve Board has approved an interim final rule amending the Truth in Lending Act to require creditors to increase the amount of notice consumers receive before the rate on a credit card account is increased or a significant change is made to the account's terms.