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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
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
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
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
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
Americans are facing a credit card debt crisis
The US is facing a credit card debt crisis as balances and delinquencies soar.
Cork Gaines
RBI directs card issuers to offer choice among card networks, bans restrictive agreements
According to a press release, the central bank prohibited card issuers from entering into agreement…
ANI
Here's what the Credit Card Competition Act could do to your airline miles and travel rewards
Airlines and travelers worry The Credit Card Competition Act could end frequent-flyer and rewards p…
Allie Kelly
Next time you get your credit card statement, you may want to give it a close look
Credit card companies are about to see limits on late fees and swipe fees, which means they're goin…
Emily Stewart
RBI stops Paytm Payments Bank from accepting deposits after Feb 29
The RBI on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or top-ups in any cust…
PTI
RBI asks card network to restrain unauthorised commercial payment system
The Reserve Bank of India on Thursday restrained a card network, that had an arrangement to enable …
ANI
Biden's change to credit card fees could be worth nearly $3 billion to American consumers
The Biden administration set a new limit on credit card late fees, and it could be worth billions t…
Cork Gaines
HDFC Bank and Swiggy launch co-branded credit card – cashback, offers and more
HDFC Bank, India’s biggest bank has partnered with food and grocery delivery platform Swiggy to lau…
Season of deals: Diwali shopping offers on credit cards
As the festival of light approaches, most of us get into a spending mode. Whether it is gifts or pe…
Falling cashback on UPI payments – Credit card linking opens a door
When UPI or United Payment Interface was in its earlier days, companies would give huge cashbacks t…
Europe's central bank cuts interest rates for first time in 5 years
The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, ma…