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Business

New Credit Card Additions Fall Steeply in June

Mumbai: The net addition of credit cards by lenders in June 2024 was at the slowest pace since October 2022. Players...

1 Aug 2024 3:15 PM GMT

Business

RBI Bars Kotak Bank From Issuing New Credit Cards, Onboarding...

Mumbai: The Reserve Bank of India (RBI) on Wednesday barred private lender Kotak Mahindra Bank from onboarding new...

24 April 2024 10:53 AM GMT

Business

RBI Asks Credit Card Issuers to Monitor End Use of Funds

Mumbai: The Reserve Bank of India (RBI) on Thursday asked card issuers to put in place an effective mechanism to monitor...

7 March 2024 4:32 PM GMT

Business

Give Customers Choice to Select Credit Card Network: RBI

Mumbai: Soon, you will now be able to choose from multiple card networks at the time of being issued a card. The Reserve...

6 March 2024 2:53 PM GMT