Searched for
CREDIT CARD NORMS
ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
Weak start to monsoon seen clouding Kharif season outlook: ReportIndia's monsoon has begun with a significant rainfall deficit, impacting kharif sowing, particularly for pulses and cotton. While reservoir...
RBI revises Kisan Credit Card norms, standardises crop season definitionThe Reserve Bank has revamped the Kisan Credit Card (KCC) Scheme, standardizing crop season definitions for uniform loan sanctions and repa...
Why has the average mortgage payment crossed $2,000, and how can you lower yours as mortgage rates remain stubbornly high in 2026?The average mortgage payment has surged past $2,000 for the first time, reaching $2,005 as high mortgage rates, rising home prices, and per...
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 ...
The $4.50 gas economy: Fewer nights out, more belt-tighteningAs fuel prices continue to rise, many American families are feeling the financial crunch. With budgets tightening, people are cutting back ...
India must leverage its digital verification architecture to evolve into a trust-based economyIndia faces a low-trust economy with high friction, exemplified by complex KYC norms. Finance Minister Nirmala Sitharaman highlighted this ...
India’s real estate will meet the reality of agentic AIIndia’s IT slowdown, driven by AI-driven automation and shrinking outsourcing demand, is beginning to hit real estate, mortgages, and emplo...
Expected credit loss rules: New provisioning framework to come into force in April 2027The new ECL guidelines would introduce a "staging framework" for asset classification under the ECL approach, replacing the existing incurr...
RBI finalises new risk weight normsTo be eligible, loans must be extended to individuals or small businesses with turnover up to ?500 crore, fall under standard retail produc...
RBI cancels Paytm bank license, to approach high courtThe Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...
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...
Nervous Indian fintechs push Anthropic for access to MythosOne97 Communications, Razorpay Software and Pine Labs are among the Indian companies that have pushed the San Francisco-based AI developer ...
Credit weighs less on cards with RBI tightening normsCredit card outstandings, despite fewer delinquencies, fell to 4.7% of total retail loans in October 2025, from 5% a year earlier, Reserve ...
RBI asks partner banks to halt issuing OneCard credit cardsFPL Technologies finds itself in a tough spot. The Reserve Bank of India has mandated partner banks to stop issuing OneCard credit cards. T...
RBI’s UPI-credit card linking plan is not adding up for banks, fintechAt present, about 50 million people avail instant loans across banks, non-banking finance companies (NBFCs) and digital lending fintechs th...
How to cancel a credit cardOnce the card has been cancelled, the cardholder must check his Cibil credit report to ensure that the closure of the card has been updated...
- RBI may tighten credit card norms
Bankers say that they expect tighter standards to be prescribed for banks while installing acceptance devices in stores.
- RBI to set norms for credit card bills
If you are among thousands of credit card holders who have been blacklisted in the banks' central database even after dues have been settle...