Man cleared Rs 45,000 credit card due in 12 EMIs, yet Kotak Mahindra Bank showed Rs 19,000 unpaid and threatened him; bank ordered to withdraw dues and pay Rs 1.5 lakhKotak Mahindra Bank has been ordered to pay Rs 1.5 lakh in compensation after the Delhi State Consumer Disputes Redressal Commission found ...
14 Aug, 2026, 11.10 AM IST
Federal Bank, IDFC First Bank surge in credit card growth, challenging HDFC BankRecent data reveals that Federal Bank and IDFC First Bank have collectively issued over twenty-two lakh new credit cards, almost parallelin...
13 Aug, 2026, 06.07 AM IST
These 6 banking stocks have an upside potential of up to 25% in 1 year, according to analystsThis is worth noting: Despite sustained periods of FPI selling, banking stocks have not corrected to the extent one might have expected, es...
12 Aug, 2026, 02.58 PM IST
Not much concerned on proposed NBFC norms, revolving credit exposure below 5%: Tata Capital CEOTata Capital's revolving credit exposure remains below five percent of its total lending. The company will submit its feedback to the Reser...
11 Aug, 2026, 07.34 PM IST
RBI curbs on NBFC flexi credit may push lenders towards bullet loans, raise costs: KotakThe Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) m...
11 Aug, 2026, 04.16 PM IST
Zero forex markup credit cards: Does it mean zero cost? Check this before your international travelPlanning an international trip? A 'zero forex markup' credit card promises savings, but hidden charges and fluctuating exchange rates can s...
11 Aug, 2026, 11.23 AM IST
- NBFCs outpace banks in June as cards lose some credit
NBFCs outpaced banks in retail lending growth in June, with loans rising over 20% year-on-year compared with 16% for banks. Growth was driv...
11 Aug, 2026, 12.46 AM IST
Is UPI ending free payments for all users? Here’s what Finance Ministry saysStandard UPI transfers for individuals will remain complimentary, ensuring users can continue making everyday payments without worry. While...
10 Aug, 2026, 02.44 PM IST
Global banks are pulling back credit cards once prized by rich IndiansSeveral offshore banks are becoming reluctant to issue or renew international credit cards for wealthy resident Indians due to India’s 180-...
09 Aug, 2026, 11.47 PM IST
PNB to roll out its wealth management product by Dec aimed at boosting non-interest incomePunjab National Bank plans to launch wealth management services by December. The bank is also aggressively scaling its credit card business...
09 Aug, 2026, 02.42 PM IST
Bajaj Finance, Bajaj Finserv shares fall up to 5% on RBI's new proposal for NBFCsShares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively ba...
07 Aug, 2026, 10.06 AM IST
SBI Q1 results preview: Will India's largest public bank report a decline in profit?In the upcoming June quarter, State Bank of India's profits are projected to dip, influenced by margin constraints and a slowdown in income...
07 Aug, 2026, 08.49 AM IST
RBI plans to bar NBFCs from offering revolving credit without approvalIn a recent announcement, the Reserve Bank of India has introduced fresh regulations for non-banking financial companies. Moving forward, N...
06 Aug, 2026, 09.33 PM IST
Xiaomi Launches REDMI Note 17 5G in India, starting at Rs 24,999 with an 8,000mAh batteryThe latest addition to Xiaomi's lineup, the REDMI Note 17 5G smartphone, has been launched in India. It comes equipped with an impressive 8...
06 Aug, 2026, 04.34 PM IST
ED files chargesheet in Kotak Mahindra Bank, Panchkula MC PMLA caseThe Enforcement Directorate has launched a probe into alleged fraud involving bank officials, including a former deputy vice president and ...
05 Aug, 2026, 08.56 PM IST
Axis, Kotak Mahindra raise charges for overseas card transactionsAxis Bank will increase the DCC fee on its credit cards to 3.5% from 1.5%, effective August 28, 2026, according to the bank's revised terms...
30 Jul, 2026, 08.08 AM IST
Cards continue to fly; credit goes to the big playersThe additions were led, once again, by the country's largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and ed...
27 Jul, 2026, 12.48 AM IST