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Here are the benefits you get with India’s most expensive credit card with a ₹3.54 lakh annual fee

Credit cards have become a major part of India’s financial landscape in recent years. What was once…

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India’s credit card market set to double by 2029, reaching 200 million cards

India's credit card market is set to reach 200 million cards by FY28-29, growing at a 15% CAGR, acc…

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Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024

According to a report released by SBI Securities, the total expenditure by credit card users across…

ANI   


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Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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What has changed for your credit cards, starting today?

Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…

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India's non-cash payments on e-commerce platforms surge to 58.1% in 2023

India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…

ANI   


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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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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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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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Bajaj Auto Q1FY25 results: Net profit, EBITDA, exports see a major jump, leadership change imminent

The company's sales also saw a 7% YoY jump from 11,02,056 units in the June quarter, compared to 10…

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Google Wallet launched in India – store your loyalty cards, boarding passes and more

The Google Wallet has finally been launched in India, after being spotted on the Play Store a few w…

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Thane police bust international racket of SIM cards use for cyber fraud; 3 held

The police suspect that around 3,000 SIM cards have been put to use in a similar manner, he said…

PTI   


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India’s debit card transactions fall but credit card spends rise further

A look at India’s spending pattern in the first half of 2023 (January to June), reveals an interest…

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Credit score improvement requires strict discipline but it is possible – Here’s how to go about it

Having a healthy credit score of 750 and above comes in handy when you apply for a loan, especially…

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India's history-making Paralympians touch down in Delhi to rousing welcome

Indian Paralympic athletes received a grand welcome at Delhi's Indira Gandhi International Airport …

ANI   


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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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Making online payments safer – Here’s how to tokenise your card

Many of us would have seen Amitabh Bacchan on television telling us that by tokenising our cards we…

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4 mins read

Five credit cards offering year-end schemes for shopping and travelling

Credit cards are like a double-edged sword. If used wisely, they can bring a lot of benefits. But w…

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7 mins read

The dark truth behind RBI’s crackdown on easy personal loans

The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…

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Five credit cards that offer the best cashback programs if you spend ₹1 lakh

“Cashback is when consumers make purchases using their credit cards, and a percentage of the transa…