As NPA resolution crawls, banks stare at spike in credit cost in range of 1.9% to 4.6% in second half of current fiscal
In its earlier assessment, India Rating had estimated the system-wide credit cost floor at 1.9% and capped it at 4.4% for the second half of FY19 and whole of FY20
HDFC Bank's credit and debit cards, christened Millennia come with a slew of features like a 5% cashback on shopping and a 1% fuel surcharge waiver
The RuPay global debit and credit cards are currently issued by 40 banks.
Non-metros lead unsecured loan market in volume game; 10.49% increase in lifestyle credit card applications: Report
The average personal loan ticket size in non-metros is Rs 2.80 lakh compared to Rs 2.55 lakh in the metros
Existing payment modes such as debit cards, credit cards, Immediate Payment Service (IMPS) and Pre Paid Instruments(PPI) have registered substantial growth as well.
ICICI Bank has entered into a multi-year partnership with Manchester United to offer a range of co-branded credit and debit cards to the British soccer club's millions of Indian followers
Citibank, J.P.Morgan and Bank of America bar use of credit cards for buying bitcoins, other cryptocurrencies
Reserve Bank of India (RBI), country’s banking ombudsman, has also flagged off certain risks associated with the use of virtual or crytpocurrencies
The Pay with Google feature is available for Android users and ensures that your online payment and buying experience is fast, secure and hassle-free.
Transactions through debit and credit cards rose by merely seven percent post demonetisation, as against a surge of over 23 percent in overall digital transactions.
A quick guide to filing income tax return for AY 2017-2018; you can do it online in less than 15 minutes
It took me less than five minutes to do so, as I used the documents upload mode and most of my data was populated on the form automatically.
Increasing number of PoS terminals and ease of doing digital transaction will increase this level further, SBI report said
The Reserve Bank should make it clear that the account holder must have been negligent in allowing a fraudster to access the payment credentials so as to absolve the bank of any liability.
A comprehensive analysis of how the tax reform will impact your investments
If you plan to go out for a meal, be ready to shell out more money as well.
Niti Aayog CEO Amitabh Kant thinks that mobile wallets may replace credit and debit cards in few years
Mobile wallets and biometric modes of payments will replace debit and credit cards in the next three to four years, NITI Aayog CEO Amitabh Kant said today.
Paytm announced that it has rolled back the charge that was put in place to prevent misuse by some customers because it was causing inconvenience to other customers.
Why should Paytm impose a blanket 2% fee on credit card use to recharge wallet, while only some "financially savvy users" are indulging in malpractice?
Explaining the trend of routing money to bank accounts through Paytm via use of credit cards, the company gave its own reasons to for the new measures that become effective from Wednesday.