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2 mins read

52.81 crore Jan-Dhan accounts have deposited balance of over Rs. 2.3 lakh crore: Minister of State for Finance

About 35.15 crores or 66.6 per cent of PMJDY accounts have been opened in rural and semi-urban area…

ANI   


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Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global

Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…

ANI   


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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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4 mins read

OPINION: The demand for BNPL is being fuelled by low penetration of credit cards in India

Ever since the pandemic broke out, digital offerings have gained greater growth momentum. Among the…

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2 mins read

Paytm’s growing leadership in credit ecosystem – co-branded credit cards at 7.5 lakh

In the current landscape of increasing disposable income and a surge in point-of-sale transactions …

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2 mins read

Credit cards, personal loans & more – India’s youngest adults lead in credit inquiries

As India’s youngest adults are going for credit cards, consumer durable loans and personal loans – …

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5 mins read

High-powered satellites have made blue-carbon credits a reality. But they still face accuracy and scalability issues.

Credits linked to the capture of carbon in the world's waters offer huge promise, but field researc…

Tasmin Lockwood   


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4 mins read

SBI Cards, PhonePe, Google Pay to benefit from RBI allowing credit cards to be linked to UPI, say analysts

India’s central bank has announced that users will soon be able to link credit cards with UPI apps.…

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2 mins read

Automakers are using a legal loophole to get customers an extra $7,500 tax credit — and business is booming

The loophole means customers who lease can still get a discount, while dealers who pass along the s…

Alexa St. John   


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2 mins read

Ukraine credits local beavers for unwittingly bolstering its defenses — their dams make the ground marshy and impassable

A local beaver population has been busy making dams along Ukraine's border with Belarus, unknowingl…

Sophia Ankel   


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3 mins read

Indians are taking more personal loans, buying consumer goods on credit, says report

Personal and consumer durable loans almost doubled between FY19 and FY22, despite a lull for two ye…

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4 mins read

₹10,000 invested in SBI Cards during IPO is worth about ₹6,700 now⁠— here’s why

The over 15% fall in SBI Cards and Payments Services share price on Monday (April 13) has tak…

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1 min read

Paytm enters credit card business, to issue 20 lakh cards in 12-18 months

Leading digital financial services platform Paytm on Monday said it will partner with various card …

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1 min read

Gold jewellery retail industry to be credit negative in short term due to lockdown: Icra

"As the stores are currently non-operational and recovery in demand is likely to be slow and gradua…

PTI   


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4 mins read

How the 4 companies behind every single credit card swipe prevent outages and thwart hackers from getting your data

In February, a small internet blip at Fiserv meant major merchants couldn't accept card payments. W…

Natasha Dailey   


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2 mins read

Just three Indian states account for 40% of all the country’s retail loans: Report

Just three Indian states - Maharashtra, Karnataka and Tamil Nadu - accounted for 40% of all of t…

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Top 5 Indian IT firms strategise to penetrate Chinese market

The NIIT has signed an MoU with the provincial government for the $16 million project to train IT…

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Just 33% of the Indians that are eligible for a loan have access to a bank account

The report found that out of 220 million people in India that are eligible for a loan -- bas…

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2 mins read

Tesla surges 14% after Credit Suisse upgrades the stock, saying it's well positioned after the coronavirus disruption

"In a coronavirus world, with the focus almost exclusively on the 'near' for the auto industry, and…

Carmen Reinicke   


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Budget 2016: Tax breaks will increase penetration of Digital Literacy, says Bhaskar Choudhuri of Lenovo

Tax breaks- When we are looking at the whole Digital Literacy programme run by the government, …