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2 mins read

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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2 mins read

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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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…

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2 mins read

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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7 mins read

Welcome to credit card points mania

Gen Zers explain the credit cards they're using to get the best rewards and live a life of more lux…

Juliana Kaplan   


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3 mins read

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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2 mins read

GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you

At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…

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10 mins read

Credit card rewards are turning us into jerks

The battle to rack up credit-card rewards is turning friends against each other.

Emily Stewart   


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1 min read

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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1 min read

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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2 mins read

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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2 mins read

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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7 mins read

Banks have finally fixed the single most annoying thing about credit cards

Banks are using huge amounts of data to separate legitimate purchases from scams. That's great for …

Emily Stewart   


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7 mins read

One of the nicest perks on my credit card is making me a jerk

Consumers are increasingly disputing charges on their credit card and committing friendly fraud as …

Emily Stewart   


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4 mins read

Wells Fargo may have underestimated just how savvy millennial credit card holders can be

Thanks to savvy millennials, Wells Fargo's partnership with Bilt Rewards — a renter-friendly credit…

Lloyd Lee   


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2 mins read

Govt warns about fake SMS asking users to update their PAN – what it is and how to stay safe

Increased usage of the internet has also resulted in an increase in online fraud. Scammers are find…

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3 mins read

78 pc of consumers choose digital banking over cash transactions

Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…

ANI   


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2 mins read

RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P

Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…

PTI   


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9 mins read

Best Credit Cards for Military Members of 2024

Active-duty military members can get waived annual fees on premium cards like the Amex Platinum, an…

Carissa Rawson   


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3 mins read

RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure

​​Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…