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CREDIT CARD ISSUANCE
Guarantee schemes won’t stop, says Shivakumar; Will continue beyond 2028 polls, adds SiddaramaiahKarnataka's Congress government assures its guarantee schemes will continue. Chief Minister DK Shivakumar stated the ongoing verification d...- BSNL ordered to pay over Rs 55 lakh compensation to co-operative bank after duplicate SIM used to access OTPs in Rs 87 lakh fraudKarnataka high court has ordered BSNL to pay more than Rs 55 lakh in compensation and damages to a co-operative bank that lost over Rs 87 l...
- Mastercard to look beyond card biz; target tier 3 & 4 markets for growthMastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. ...
- Retail loan stress is the new growth driver for ARCsDuring 2025-26, ARCs acquired stressed debt worth more than Rs 2 lakh cr, comprising Rs 1.5 lakh cr of corporate loans and Rs 50,000 cr of ...
- Govt readies contingency plans to counter El Nino threat to kharif season: Shivraj Singh ChouhanThe Indian government is ready for El Nino's impact on the upcoming kharif crop. Contingency plans are being made for affected districts. T...
- Government fully prepared to tackle El Nino impact on kharif crop: ChouhanThe government is ready for El Nino's impact on the upcoming kharif crop. Contingency plans are being made for affected areas.
- ICICI Bank adds most credit cards in April amid rising competitionAxis Bank added 63,446 cards in April, less than half its February tally. Kotak Mahindra Bank remained steady at 33,038 additions. "We are ...
- India funding mix changes again, bank lending back in favour with a bangBanks have again become the primary source of funds for Indian businesses. In FY26, bank lending accounted for a significant portion of tot...
- RBI overhauls prepaid cards & wallets rules: Rs 2 lakh monthly debit limit, usage, restrictions, new safeguard and moreThe RBI has revised Prepaid Payment Instrument (PPI) rules, introducing new monthly debit limits for full-KYC PPIs at Rs 2,00,000, with a R...
- RBI proposes measures to strengthen Prepaid Payment Instruments frameworkThe Reserve Bank of India is introducing new rules for Prepaid Payment Instruments. These changes aim to boost the long-term growth of thes...
- From swipe to strategy: Your credit card now decides what you buyConsumers now meticulously compare credit card offers before making purchases, turning transactions into value calculations. Credit cards a...
- Game of cards: Top banking players opt for tight gambit, rivals up the anteSince the start of the calendar year, major devaluations have hit multiple premium and super-premium cards, shocking the high spenders. No ...
- HDFC Bank revises Regalia Gold, Diners Privilege credit card benefits from these dates: Reward points, lounge access and other key rule changesHDFC Bank is revising its Regalia Gold and Diners Privilege credit card benefits, including reward structures and lounge access, effective ...
- Sharing a credit card? How add-on cards work, who pays & what to watch out forAn add-on credit card is issued against an existing primary credit card account. The primary cardholder remains the account owner and the s...
- Credit card issuances soar to seven-month high in AugustCredit card issuances in India reached a seven-month high in August, driven by lenders like HDFC Bank and Axis Bank preparing for increased...
- Federal Bank restarts co-branded credit card issuance with fintech startup ScapiaScapia was founded in 2022 by Anil Goteti, who was previously a senior vice president at ecommerce behemoth Flipkart.
- RBI issues directions to card networks for issuance of credit card to customersThe Reserve Bank of India (RBI) on Wednesday issued directives aimed at ensuring greater choice and flexibility for customers in the issuan...
- Things to keep in mind after card tokenisation goes into effect after September 30The RBI’s new rules and restrictions will focus on credit card cancellations, billing and adjacent services; here’s what you need to know.
- Mastercard ban will hit exclusive tie-upsRBI’s restrictions on Mastercard will hit credit card issuance by a host of entities. RBL Bank and Yes Bank and entities like Indigo, Marut...
- RBL Bank's credit card issuance rate to be impacted post RBI's Mastercard ban"Our bank's current run rate of approximately 1,00,000 new credit card issuances per month could potentially be impacted till such time tha...
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