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breaking down bajaj auto limited (532977) stock s recent moves ✌️【Asset Growth】✌️ Real-time global market indices and futures data to help you capture market opportunities and achieve stable growth. Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying more than $2 billion in interest to holders of its high-interest savings accounts.

breaking down bajaj auto limited (532977) stock s recent moves ✌️【Asset Growth】✌️ Expert predictions of stock trends to help you select high-potential stocks and achieve stable growth. Real-time global market indices, futures, metals, energy, and agricultural product data to help you seize market opportunities. The Consumer Financial Protection Bureau (CFPB) accuses Capital One of freezing the interest rates of its flagship “360 Savings” accounts at low levels despite rates rising nationwide and said the bank launched a new account that offered better interest rates without telling “360 Savings” customers. As a result, that decision cost consumers more than $2 billion in lost interest payments.

“The CFPB is suing Capital One for cheating families out of billions of dollars on their savings accounts,” said CFPB Director Rohit Chopra in arelease. “Banks should not be baiting people with promises they can’t live up to.”

Capital One said in a statement that it’s “deeply disappointed to see the CFPB continue its recent pattern of filing eleventh hour lawsuits ahead of a change in administration.”

“We strongly disagree with their claims and will vigorously defend ourselves in court,” a Capital One spokesperson said, adding that the new account was “marketed widely, including on national television, with the simplest and most transparent terms in the industry.”

breaking down bajaj auto limited (532977) stock s recent moves ✌️【Asset Growth】✌️ Expert predictions of stock trends with real-time stock indices, metals, energy, and agricultural product data to help you make efficient investment decisions. At issue is Capital One’s marketing of the “360 Savings” account that used words as “one of the nation’s” “top,” “best,” and “highest” to describe the interest earned from it. However, the CFPB said that from 2019 to mid-2024 the bank “lowered and then froze the ’360 Savings’ account rate to just 0.30%, even as rates increased nationwide.”

breaking down bajaj auto limited (532977) stock s recent moves ✌️【Asset Growth】✌️ Precise stock market trend predictions with free real-time quotes for India stocks, US stocks, and European stocks to help you seize the best investment timing. Around that time, a new, “360 Performance Savings” account was launched that increased rates from 0.40% in 2022 to 4.35% in January 2024.

breaking down bajaj auto limited (532977) stock s recent moves ✌️【Asset Growth】✌️ Professional investment advisors provide real-time market data to help you analyze stock trends and select high-potential stocks, increasing capital growth. The CFPB stated that Capital One “schemed to keep ’360 Savings’ accountholders in their lower-yielding accounts by obscuring ‘360 Performance Savings’’ existence as a distinct product with a higher rate from ‘360 Savings’ accountholders.”

breaking down bajaj auto limited (532977) stock s recent moves ✌️【Asset Growth】✌️ Free stock selection service with precise predictions of high-potential stocks to help you stay ahead in the market. The agency said the lawsuit seeks to stop the bank’s “unlawful conduct, provide redress for harmed consumers, and impose civil money penalties.”

breaking down bajaj auto limited (532977) stock s recent moves ✌️【Asset Growth】✌️ Expert market predictions with real-time global market, futures, metals, and energy data to help you stay in tune with market trends. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Stock Market Forecasting Tools 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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