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CHITRABHANU K G
Borrowers now seek 'substitutes' as lenders tighten unsecured loansBorrowers are increasingly turning to loans against fixed deposits, shares, and gold jewellery due to banks' caution with unsecured lending...- NCMC card users for metro travel issued by other banks also facing recharge glitches due to restriction on Paytm Payments BankNational Common Mobility Card: An official spokesperson from Mumbai Metro One Private Limited (MMOPL) told: "Due to recent restrictions by ...
- Credit card spends jump 30 per cent in JanuaryReserve Bank of India (RBI) data showed that credit card transactions increased to Rs 1.7 lakh crore in January from Rs 1.3 lakh crore a ye...
- November measures on unsecured lending trims growthThe Reserve Bank of India's tightening measures on unsecured loans and credit card outstanding are impacting growth. Unsecured loans are gr...
- LRS outflows fall sharply in October after TCS regime takes effectRemittances down 37% over September; shift to credit-card spending for international travel likely. In October, outward remittances under t...
- Reward points and freebies push credit card spends to record levelsAverage monthly spending through credit cards has doubled in three years from Rs 60,000 crore a month in FY'19-20 to Rs 1.2 lakh crore a mo...
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