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CREDIT CARD FRANCHISE
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
Standard Chartered to sell bulk of Indian credit cards to Federal BankStandard Chartered is selling a significant portion of its Indian credit card portfolio to Federal Bank. This move aligns with Standard Cha...
RBL Bank shares drop 5% despite 3x jump in Q4 net profit. What's spooking investors?RBL Bank shares fell despite a strong Q4FY26, where net profit tripled to Rs 230 crore. The decline came as margins weakened, with NIM slip...
RBL Bank Q4 Results: Profit soars 233% YoY to Rs 230 croreRBL Bank reported a significant three-fold surge in net profit for the fourth quarter, reaching Rs 230 crore, driven by robust business exp...
Investing in ability and quality of balance sheet? 5 large-cap stocks from different sectors with upside potential of up to 29%Predicting the movement of the Nifty and Sensex is a fool’s task. Thursday’s trading on the market only underlines this truism. And it is i...
The HNI allure: Inside Kotak’s potential Rs 4,500-crore play for Deutsche Bank’s retail portfolioKotak Mahindra Bank is nearing a deal to buy Deutsche Bank's India retail operations. This acquisition, valued at approximately Rs 4,500 cr...
Kotak Bank set to acquire Deutsche's retail business in Rs 4,500-crore dealKotak Mahindra Bank is poised to take a major leap by acquiring Deutsche Bank's retail operations in India for around Rs 4,500 crore. This ...
Kotak Mahindra, Federal Bank line-up to acquire StanChart's India credit-card-only customers; Offer review underwayStandard Chartered is considering offers from Kotak Mahindra Bank and Federal Bank for its Indian credit card customers. This move aligns w...
JPMorgan to replace Goldman as Apple Card issuerJPMorgan Chase will replace Goldman Sachs as the issuer of the Apple Card, bringing over $20 billion in balances to its platform. The deal ...
Bajaj Fin may exit credit card partnership with DBS, Motilal Oswal saysBajaj Finance may also end its co-branded card partnership with DBS Bank, resulting in a potential decline in fee income by Rs 47 crore in ...
Axis Bank completes buyout of Citi's India consumer businessThe transaction, announced in March 2022, has been closed for a cash consideration of 116.03 billion rupees ($1.41 billion).
Citi consumer business sale: Kotak Mahindra, Axis and IndusInd submit bidsCiti is expected to start bilateral negotiations and announce a formal winner in the next one-two months. None of the bidders have offered ...
CSB lines up big plans to diversify from goldPrem Watsa's Fairfax-backed CSB Bank is collaborating with the likes of HDFC, IIFL, Pine Labs and OneCard to offer home loans, broking, wea...
Hackers appear to have stolen credit card data from numerous Hilton Hotel propertiesThe Hilton Hotel franchise appears to be the victim of cyberhacking that led to a pattern of credit card fraud dating back to November 2014.
RBL bank launches 'Cricket Credit Card' in association with Delhi DaredevilsThe credit card will be a platinum card and those who avail the facility can also get a lot of other features.
- IndusInd Bank to buy Deutsche Bank's credit card business in India
Under the agreement, IndusInd Bank will get access to close to 200,000 card customers and the entire operating platform of the cards franch...
- Vijaya Bank to set up JV to push credit card biz
Vijaya Bank, one of India’s early entrants in the credit card space, is looking at creating a separate joint venture to spruce up the busin...