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CREDIT CARD ISSUERS
The hidden economics of international spendingThe expansion of Indian international spending is rapidly increasing annually. The hidden costs of forex mark-up on credit cards can signif...
S&P assigns investment-grade rating to IDFC FIRST Bank. Can it lift the stock?S&P Global Ratings has assigned IDFC FIRST Bank an inaugural investment-grade rating of BBB- for the long term, with a Stable Outlook. The ...
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...
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...
Can a shop charge you extra for paying by credit card? Here's what every card user should knowCan merchants legally charge customers extra for credit card payments? The Reserve Bank of India regulates these payment systems and card a...
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...
Pine Labs signs six lenders for AI underwriting tool; to launch expense cardsPine Labs is launching an AI underwriting tool and new employee benefit cards. The company is expanding its services beyond payment process...
Credit card rewards are changing: Here's how travellers and reward seekers can maximise points and milesBanks increasingly reward engagement rather than ownership. Issuers want your premium card to become your preferred spending instrument, as...
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...
NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
US Stock Market: Healthy loan growth and stable credit trends boost outlook for US bank stocksMajor Wall Street banks say the U.S. consumer remains resilient, with strong spending, rising loan balances and stable credit quality backe...
RBI Ombudsman scheme 2026: You can get up to Rs 33 lakh compensation for your bank grievances under this schemeThe RBI Ombudsman 2026 scheme offers free grievance redressal for customers. This scheme covers complaints against banks and other regulate...
Giving more credit where credit's dueCredit card firms now prioritize existing clients over new ones. They offer enhanced credit and personalized benefits to loyal customers. U...
India's active credit cards cross 120 million in MayIndia’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, accordin...
SBI Cards tops credit card additions in May as industry hits 12 crore milestone; spends grow 6.3% YoYIndia's credit card sector has surpassed 12 crore cards, with new additions surging 33.7% year-on-year in May 2026. Despite robust cardhold...
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. ...
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 ...
Credit cards: How RBI could break the hegemony of Visa & Mastercard without tinkering with a dependable systemThe Reserve Bank of India (RBI) is set to transfer the right to choose a card network, such as Visa, Mastercard, American Express, Diners C...
Credit card rule change: You can soon choose from multiple card networks; when it comes into effect, who is not eligibleChoosing a credit card: The Reserve Bank of India has directed card issuers to not sign exclusive contracts with card networks that restrai...
- Credit card issuers under MRTPC scanner
MRTPC has ordered probe into the fees levied by credit card issuers on receiving reports of unfair practices.