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Credit card rewards are turning us into jerks
The battle to rack up credit-card rewards is turning friends against each other.
Emily Stewart
Customer protection 'guiding light' of revamped microfinance regulations, says RBI deputy governor
Reserve Bank of India’s (RBI) deputy governor M Rajeshwar Rao on Friday outlined several measures i…
India’s small digital businesses have a capital problem and this will only grow
Indian digital small and medium sized enterprises (SMEs) are on a growth path but suffer from a wor…
Credit card payments on foreign tours to be brought under LRS to ensure compliance with TCS
Credit card payments for foreign travel will be brought under the purview of the Liberalised Remitt…
PTI
Cyberattacks hold ‘potentially significant impact’ on countries’ credit ratings: Fitch Report
Cyberattacks are a growing risk with countries devoting more resources to defend against them, acco…
Finance Ministry extends Emergency Credit Line Guarantee Scheme till March 2022
The government has been receiving demands from various industry bodies and other stakeholders to…
PTI
Cash, capital and credit trickle down to small businesses at a frustratingly slow pace — tech can speed them up
While MSMEs were already finding it difficult to manage their cash flows including the rigorous …
International Finance Corporation proposes to invest $100 million in Hero Fincorp's secured debt
According to IFC, the proposed investment will enable Hero Fincorp to expand is loan book acro…
Twitter will keep its 140-character limit, says Jack Dorsey
"It's staying. It's a good constraint for us and it allows for of-the-moment brevity," Dorsey said …
The proposed new definition of MSME will make 90% of Indifi’s borrowers ‘micro’, says CEO
Finance Minister Nirmala Sitharaman on May 13 said that the definition of micro, small and medium e…
CRISIL forecasts bank credit growth will plummet to 1% with the economic fallout COVID-19
Bank credit is an important factor illustrative of the general economic climate because it deno…
PTI
FM to meet PSU bank chiefs on Monday; to review credit flow
"PSBs complemented RBI on loan moratorium. Their effective communication & proactive actions e…
PTI
SIDBI offers emergency credit facility of up to Rs 1 cr to SMEs
"The limit of SAFE loans, which was launched a few days back, has been enhanced from Rs 50 lakh to …
PTI
More than dozen PSBs announce COVID-19 emergency credit line
The quantum of loan is in the form of additional line of credit ranging from 10 per cent or higher…
PTI
Govt-backed credit guarantee needed to ensure banks overcome risk averseness while lending: CII
"In this hour of need, NBFC and MFI sector has the ability to ensure smooth and continuous flow of…
PTI
Credit supply to commercial sector slows to multi-year low of 8.1 pc: Sidbi
Mumbai, Jan 9 () Amid a slowdown in economic activity, state-owned Sidbi on Thursday said credit su…