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1 min read

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   


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1 min read

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   


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2 mins read

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   


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7 mins read

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   


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7 mins read

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   


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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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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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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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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

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   


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4 mins read

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   


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5 mins read

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   


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1 min read

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   


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1 min read

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   


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4 mins read

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   


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2 mins read

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…

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3 mins read

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…

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2 mins read

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…

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2 mins read

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…

Theron Mohamed