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RBI's Supervisory Action Pauses Kotak Mahindra Bank's Digital Banking...
Take a look at how RBI's intervention temporarily blocked Kotak Mahindra Bank's plans to expand its digital-only zero-balance savings accounts.
RBI issues new order on credit cards to give customers more choice
The RBI on Wednesday issued a directive barring credit card issuers (banks and non-banks) from entering into any arrangement or agreement with card...
India's retail lending showed moderated growth during quarter ending...
India’s retail lending showed moderated growth during the quarter ending September 2023 as financial institutions tightened the supply of credit,...
40% of consumers prefer credit card for shopping
Most preferred credit cards among consumers include the Axis Bank MyZone credit card, IDFC Bank Millenia credit card, and ICICI Bank Platinum chip...
HSBC India unveils major upgrade on its credit cards
HSBC India today announced a major facelift on its credit cards—HSBC Premier Credit Card and HSBC Cash Back Credit Card—to elevate the experience for...
HSBC India unveils major upgrade on its credit cards with attractive...
SBC India today announced a major facelift on its credit cards—HSBC Premier Credit Card and HSBC Cash Back Credit Card—to elevate the experience for...
RBI hikes risk weights for personal loans, credit cards to 125%, 150%
This increase in capital requirements is expected to dampen the enthusiasm of lenders to extend personal loans and credit cards
RBI's clampdown on unsecured consumer loans poses challenges for...
In a recent move by the Reserve Bank of India (RBI), norms for personal loans and credit cards are set to be tightened
