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2 mins read
HDFC Bank credit card rules change from today, all you need to know
HDFC Bank has implemented new credit card policies starting August 1. The changes include 1 percent…
2 mins read
Credit offtake expanded by Rs. 20.4 lakh crore, deposits by Rs 23.9 lakh crore over the last 12 months
Credit offtake is a type of bank credit that assists businesses in getting financing for future pro…
ANI
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
1 min read
UCO Bank tech glitch: ₹820 cr erroneously credited to account holders
As much as Rs 820 crore were credited to account holders of UCO Bank in what the lender described a…
PTI
3 mins read
Bank credit is shrinking for the first time since the Great Recession - and that's a red flag for the economy
Businesses are borrowing less, as the Federal Reserve's aggressive interest-rate hikes chip away at…
George Glover
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…
4 mins read
Yes Bank has more shareholders than debit cards as retail investors continue to buy in
Yes Bank has more shareholders than active debit cards, according to the latest data reported by th…
1 min read
Indian banks' credit profiles well placed to weather global banking sector stress: Moody's
The credit quality of Indian banks and non-bank financial institutions will remain resilient despit…
ANI
4 mins read
Axis Bank may soon become the third largest credit card player after HDFC Bank and SBI post the Citibank deal
$AXISBANK.NSESetup - Larger degree wave 2 seems over✅ Looking for wave 1 of (3) should unfold✅ Pric…
4 mins read
Everything you need to know about UBS's historic $3 billion deal to rescue rival bank Credit Suisse
Insider's George Glover gives you the rundown on the banking crisis' latest twist: UBS rescuing its…
George Glover
3 mins read
Everything you need to know to catch up on Silicon Valley Bank, Credit Suisse, and the trouble rattling the financial world
Insider's Phil Rosen catches you up on the biggest banking crisis since 2008.
Phil Rosen
4 mins read
Axis Bank scoops up Citi India’s retail assets, including the lucrative credit card business, for $1.6 billion
Axis Bank has acquired Citi India’s retail assets, including the company’s lucrative credit card bu…
2 mins read
A large global sell-off last week was likely sparked by a single trade in Deutsche Bank's credit-default swaps
A single $5.4 million trade on credit-default swaps tied to Deutsche Bank's debt likely drove a $33…
Matthew Fox
2 mins read
The most valuable credit cardholders are not from HDFC, SBI, Citi or other major credit card companies
When you think of credit cards, the first few names that pop up in your mind are most likely HDFC B…
4 mins read
Deutsche Bank, Credit Suisse, and what to know about the financial turmoil — and how one company is working to boost the number of women on Wall Street
Insider's Phil Rosen interviews the CEO of Girls Who Invest, and breaks down the latest news in the…
Phil Rosen
1 min read
Axis Bank's stocks rise after acquiring Citibank's consumer business in India
The deal is subject to regulatory approvals. Accordingly, the share price of Axis Bank rose t…
5 mins read
ICICI Bank leaves SBI behind in credit card spends as it chases HDFC Bank in pole position
As fear of a third Covid-19 wave in India eased and festive sales began, ICICI Bank surpassed State…
2 mins read
There is a small pool of hope amid all the fear around RBL Bank
Amidst the chaos, Bajaj Finance extended its credit cards partnership with RBL Bank giving the s…
3 mins read
Here’s why Axis Bank may be willing to pay $2 billion to buy Citi’s India ops
Axis Bank could be the leading horse in the race to acquire Citi Bank’s retail assets, and the bigg…
3 mins read
HDFC Bank remains the market leader despite an eight-month ban on selling new credit cards
The Reserve Bank of India (RBI) has partially lifted its technology ban on the leading private sect…