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RBI ban big setback to Kotak Bank
However, this action will not materially affect our ratings on Kotak Mahindra Bank (BBB-/Stable/A-3): S&P
RBI’s new directives to banks regarding credit cards, benefits...
These directives will be effective six months from the date of the circular
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
