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2 mins read

HDFC bank sees muted quarterly business; share drops 4.15% during trade today

Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…

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2 mins read

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   


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1 min read

Credit investments aren't worth the risk right now, says bond giant PIMCO

Investors who lend to the less-liquid private market are not compensated well enough for today's ma…

Filip De Mott   


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2 mins read

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   


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2 mins read

NCDs may offer a higher interest rate than fixed deposits but experts advise caution

A non-convertible debenture, (NCD), is a type of debt instrument that lacks the option for buyers t…

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2 mins read

Higher risk weight on unsecured bank loans credit positive: Moody's

Higher risk weight on unsecured bank loans credit positive: Moody's. The RBI's decision to tighten …

PTI   


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2 mins read

Jamie Dimon warns inflation and higher interest rates may linger — and people are running out of spare cash

JPMorgan CEO Jamie Dimon flagged threats including sticky inflation, government overspending, forei…

Theron Mohamed   


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4 mins read

We want the elephant of inflation to walk back to the forest: Shaktikanta Das

The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), kept the repo ra…

Business Insider Latest Story Image
3 mins read

Sorry, America, it's looking like higher interest rates are going to stick around longer

Still-elevated inflation and a job market that won't quit mean predictions for interest rate cuts i…

Ayelet Sheffey,Madison Hoff   


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1 min read

The credit-card industry's Hail Mary push to keep charging you bigger late fees

A judge in Texas is expected to rule this week on a request from credit-card companies to stop a ca…

Paul Squire   


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2 mins read

Here’s how one can use the avalanche method to pay off lingering debts

One of the best debt payment strategies is known as the avalanche method. The process is simple. Yo…

Business Insider Latest Story Image
9 mins read

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   


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4 mins read

Buckle up America: Powell says interest rates will likely stay higher for longer as inflation stubbornly refuses to come down

Fed Chair Jerome Powell said his confidence inflation will slow "is not as high as it was," meaning…

Ayelet Sheffey,Madison Hoff   


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3 mins read

Credit-card points might be entering a new era

A cap on interchange fees may mean a shift in how consumers earn points on transactions.

Dan DeFrancesco,Alex Bitter   


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1 min read

Israel downgraded by another big credit ratings agency as Middle East tensions escalate

Israel's economy is likely to suffer if there's a drawn-out conflict in the Middle East, S&P Global…

George Glover   


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2 mins read

India can sustain 8% growth, even higher: RBI bulletin

India can sustain 8 per cent annual GDP growth and the conducive macroeconomic configuration may b…

PTI   


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3 mins read

The credit card crisis is worse for millennials and Gen Zers

Americans are in the midst of a credit card crisis, and nobody is being hit harder than millennials…

Cork Gaines   


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4 mins read

Americans are facing a credit card debt crisis

The US is facing a credit card debt crisis as balances and delinquencies soar.

Cork Gaines   


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2 mins read

Credit quality outlook of India Inc positive in first half of FY25: Crisil Ratings

Crisil Ratings on Monday said the credit quality outlook for Indian corporates remains positive for…

PTI   


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1 min read

Outlook for bank credit offtake remains positive in 2024: CareEdge Ratings

Outlook for bank credit offtake remains positive in 2024 while deposit growth is expected to improv…

PTI