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Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024
According to a report released by SBI Securities, the total expenditure by credit card users across…
ANI
Here are the benefits you get with India’s most expensive credit card with a ₹3.54 lakh annual fee
Credit cards have become a major part of India’s financial landscape in recent years. What was once…
HDFC Bank credit card rules change from today, all you need to know
HDFC Bank has implemented new credit card policies starting August 1. The changes include 1 percent…
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
Welcome to credit card points mania
Gen Zers explain the credit cards they're using to get the best rewards and live a life of more lux…
Juliana Kaplan
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you
At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…
Credit card rewards are turning us into jerks
The battle to rack up credit-card rewards is turning friends against each other.
Emily Stewart
Kotak Mahindra Bank shares decline over 4%; hit 52-week low
At the NSE, it went lower by 4.40 per cent to Rs 1,552.40 -- the 52-week low. Manian, who …
PTI
RBI bars Kotak Mahindra Bank from onboarding new customers via online, issuing fresh credit cards
"Serious deficiencies and non-compliances were observed in the areas of IT inventory management…
PTI
Kotak Mahindra Bank shares tank 13%; mcap erodes by ₹37,721 crore post RBI action
At the NSE, it tumbled 13 per cent to the 52-week low of Rs 1,602. The company's market ca…
PTI
India's non-cash payments on e-commerce platforms surge to 58.1% in 2023
India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…
ANI
Banks have finally fixed the single most annoying thing about credit cards
Banks are using huge amounts of data to separate legitimate purchases from scams. That's great for …
Emily Stewart
One of the nicest perks on my credit card is making me a jerk
Consumers are increasingly disputing charges on their credit card and committing friendly fraud as …
Emily Stewart
Wells Fargo may have underestimated just how savvy millennial credit card holders can be
Thanks to savvy millennials, Wells Fargo's partnership with Bilt Rewards — a renter-friendly credit…
Lloyd Lee
Govt warns about fake SMS asking users to update their PAN – what it is and how to stay safe
Increased usage of the internet has also resulted in an increase in online fraud. Scammers are find…
78 pc of consumers choose digital banking over cash transactions
Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…
ANI
RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P
Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…
PTI
Best Credit Cards for Military Members of 2024
Active-duty military members can get waived annual fees on premium cards like the Amex Platinum, an…
Carissa Rawson
RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure
Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…