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SBI Card Q3 profit rises 8 pc to ₹549 crore

Total operating cost increased by 23 per cent at Rs 2,426 crore for the third quarter of FY24…

PTI   


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2 mins read

Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions

Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …

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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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2 mins read

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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SBI Cards’ stock falls steeply after 2.7 crore shares of the company were sold in a block deal

Shares of SBI Cards and Payment Services, which is a credit card company of SBI, slipped nearly 5% …

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2 mins read

SBI penalised for sending bills to man despite credit card's expiry

The forum noted that the company had blacklisted him in the CIBIL system of the wilful defaulte…

PTI   


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Updater Services gets Sebi nod to float IPO

Integrated facilities management Updater Services Ltd has received capital markets regulator Sebi's…

PTI   


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3 mins read

Not SBI, ICICI or even HDFC - this bank has the most number of microATMs in India

While quick digital payments through apps like Google Pay, Phone Pay, PayTM led by UPI are growing …

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2 mins read

Amazon Prime Day Sale to begin on July 15 - Over 45,000 new products to be launched

Over 45,000 new products will be introduced by more than 400 renowned Indian and global brands…

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2 mins read

Sensex, Nifty50 likely to open in the red amid volatility: Adani group, SBI Cards, Indigo among stocks to watch

India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Tuesday amid increase…

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1 min read

Zaggle garners Rs 25 cr from ValueQuest in pre-IPO round

Fintech player Zaggle Prepaid Ocean Services Ltd on Tuesday said it has raised Rs 25 crore from Val…

PTI   


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4 mins read

Tap your ring or watch to pay! Wearable payment devices are a reality, but challenges remain

Technology has transformed every aspect of our lives, and payments are no different. From debit and…

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1 min read

Paytm and Paytm Payments Bank mutually agree to discontinue various inter-company agreements

One 97 Communications Ltd (Paytm) has informed that the Company and its associate entity, Paytm Pay…

ANI   


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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

Here’s what card tokenization is and how to tokenize debit and credit cards

Debit and credit card tokenization rules are coming into effect from July 1, and that means any deb…

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2 mins read

Online streaming and e-newspaper replaced burgers and pizzas as people continued to spend in May despite the lockdown

SBI Cards and Payments Services, the second-largest credit card issuer with over 10 million custome…

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3 mins read

RBI has its eye on SBI too as governor Das explains why HDFC Bank got the whip

The Reserve Bank of India (RBI), in an unprecedented move, told HDFC Bank to stop issuing new credi…

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1 min read

Singapore government, HDFC Mutual Fund, Birla Mutual Fund invest in SBI cards and payment services

SBI Cards and Payment Services has raised Rs 2,769 crore from 74 anchor investors, ahead of its ini…

PTI   


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4 mins read

UPI is India’s favourite payment mode with transactions worth ₹30.4 trillion in April-June, says report

UPI is India’s favourite payment mode with transactions worth ₹30.4 trillion in April-June, says re…

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Fintech player Zaggle files IPO papers with Sebi to mobilise funds via IPO

Fintech player Zaggle Prepaid Ocean Services Ltd has filed preliminary papers with capital markets …

PTI