The credit card can be availed in two categories
India's credit card spending is back with a bang. What is driving the surge? Does this indicate a quick economic recovery? What are the lessons we can draw from this trend? Let us take a look
What's behind the recent surge in Indians' credit card spending? Can JioPhone Next help make India '2G-mukt'? How is 'ethical hacking' different from hacking as we know it? Get all the answers here
Debit cards aren't just for the affluent--two-thirds of Indians use them. There is little reason not to track their use to predict economic growth
Since these cards have high interest charges, avoid using them when you wish to revolve credit
The record issuance is as of September 21, 2021, and marks the aggressive growth path the bank has embarked on post the embargo
Customers are being notified about changes, and alternative methods of payments
Its credit card issuance activity was hit in July after the Reserve Bank of India placed curbs on Mastercards
The partnership aims to provide one of the widest range of offerings across customer segments, with special focus on millennials, business owners and merchants
Plans to issue 1.2-1.4 million cards in the current financial year (FY22)
Transactions will be smooth after one-time tokenisation
Paying hefty annual fee is justified if you can extract higher benefits from the card
It wants to be known as a payments network and player in the digital payments arena
ICICI Bank was been the biggest gainer in the December-June period
SBI Cards and Payment Services (SBI Card) has raised Rs 500 crore by issuing bonds on a private placement basis.
The bank has tied up with National Payments Corporation of India for issuing RuPay cards and will ink a similar deal with VISA
The bank is expecting to start issuing credit cards on the Visa payment network post the technology integration, which is expected to take 8 to 10 weeks
Between December and May, HDFC Bank's credit card kitty saw a drop of 528,447 cards while that of ICICI Bank increased 1.16 million, the highest by any lender during the period
We have a non-banking financial company (NBFC) that provides the financing for transactions.
Airline has set up a special cell to communicate with impacted customers