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Credit Card Spends Rise Again in October

Credit Card Spends Rise Again in October

Mumbai: Fueled by deals offered during the festive season, credit card spends have risen in the last two months. The...

26 Nov 2024 9:58 PM IST

UPI’s Gain Is Debit Cards Fall

UPI’s Gain Is Debit Cards Fall

Mumbai: With changing consumer preferences shifting towards the use of credit cards and UPI, debit Cards as a payment...

2 Oct 2024 11:15 PM IST

Credit Card Additions Slow As Banks Exercise Caution

Credit Card Additions Slow As Banks Exercise Caution

Mumbai: Faced with delinquencies in the credit cards business, banks continue to cherry pick customers resulting in a...

1 Oct 2024 9:35 PM IST

State Consumer Commission order helps credit card holders in getting compensation

State Consumer Commission order helps credit card holders in getting...

Hyderabad: The Telangana State Consumer Disputes Redressal Commission in Hyderabad has ordered ICICI Bank to pay...

25 Sept 2024 10:48 PM IST

New Credit Card Additions Fall Steeply in June

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 8:45 PM IST

RBI Bars Kotak Bank From Issuing New Credit Cards, Onboarding Customers via Online Banking Channel

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 4:23 PM IST

RBI Asks Credit Card Issuers to Monitor End Use of Funds

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 10:02 PM IST

Give Customers Choice to Select Credit Card Network: RBI

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 8:23 PM IST