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No US pressure in UPI MDR decision; NPCI circular offers no advantage to foreign credit cards: FinMinThe Department of Financial Services (DFS) issued the clarification in response to observations in the US Trade Representative's (USTR) 202...
Monthly vs quarterly interest credit: You might be losing out on money in your savings bank account - here's howWhile many banks credit the savings account interest quarterly, there are some that credit the amount monthly. Basically, monthly interest ...
Centre eases export compliance for shipments up to Rs 3 lakh, seeks 5-year RoDTEP extensionExporters will not need a registration certificate for shipments valued up to three lakh rupees. This change reduces compliance burdens for...
Amazon raises minimum hourly pay by $1 to $20 for US operations workersThe e-commerce and cloud giant also unveiled a new benefit called "Day 1 Financial," giving qualified employees and their families lifetime...
Global Market | China’s slower loan growth is becoming the new normal: PBOC Governor Pan GongshengChina’s slower loan growth is emerging as a new normal as weakening property and local government sectors reduce credit demand faster than ...
Credit for the next 50 crore: How PhonePe’s new co-branded cards target India’s underservedAt GFF 2026, PhonePe unveiled a suite of co-branded credit cards with HDFC Bank and SBI, plus the Wishcard for consumers with limited or no...
BFSI hiring shifts beyond Mumbai hubs as credit, fintech, insurance roles gain: ReportMumbai's BFSI jobs are shifting to satellite areas, with 44.1 percent of postings in FY26. Hiring in Navi Mumbai and Thane grew significant...
First-time borrowers deepen credit reach: Credit uptake among eligible Indians more than doubled to 74% in March from 35% in 2017Consumer durable loans are leading new-to-credit customers into institutional borrowing. Gold loans and microfinance also significantly con...
ET Alpha Wealth Summit 2.0: How are India's family offices investing in 2026?At ET Alpha Wealth Summit 2.0, experts will explore how India’s family offices are reshaping their investment strategies in 2026. From priv...
BharatPe unveils BharatPe Flex at Global Fintech Fest 2026, brings credit into everyday UPI paymentsBharatPe unveiled BharatPe Flex, a new consumer credit offering built on UPI. This innovative product allows users to access credit limits ...
Indian banks' names keep fading from your loan documentsThe landscape of retail lending is shifting as non-bank lenders swiftly embrace smaller ticket personal and consumer durable loans. NBFCs a...
India to work with BRICS partners to expand opportunities for women-led enterprises in global trade: Piyush GoyalPiyush Goyal urged BRICS nations to boost women entrepreneurs in global trade. India shared its success in financial inclusion and collater...
Global Fintech Fest 2026: DFS Secretary Sanjay Lohiya unveils UPI credit for KCC, MUDRA borrowersDFS Secretary Sanjay Lohiya at Global Fintech Fest 2026 unveiled a facility allowing eligible Kisan Credit Card and PM MUDRA Yojana borrowe...
India's retail credit market shifts to rural, GenZ borrowers via digital platformsYounger consumers and rural households are driving India's retail credit market growth. These aspirational borrowers now account for most n...
AI can speed business loans, but underwriters stay in charge: HyperVerge's Kedar KulkarniHyperVerge launched AI underwriting agents to speed business loan processing. These agents extract data from financial documents and assist...
Zero-fee travel credit card: Unlimited airport lounge access, 10% rewards on UPI transactions – Is this new co-branded card for you?How about a card that not only offers airport privileges but also earns rewards on every eligible spend and UPI transaction, with zero fore...
Stocks in news: HDFC Bank, M&M, Gland Pharma, CreditAccess Grameen and Bharat ForgeIndian benchmark indices extended their losing streak for a fourth consecutive session on Thursday. Nifty 50 fell 0.17% and Sensex declined...