Latest Updates Around The World
Businesswoman counting money, calculating the exchange rate of Indian rupee money as return on financial investment at the table in her office indoors. | Photo credit: iStockphoto With the price of gold reaching an all-time high, banks are seeing a huge increase in demand for gold loans. According to RBI data, outstanding loans against gold […]
Aditya Mandloi, MD, Head of Wealth and Retail Banking (India and South Asia), Standard Chartered Bank In a new bid to reach emerging, affluent and high-net-worth individual customers, Standard Chartered Bank is focusing on regions outside India’s top cities, said Aditya Mandloi, MD, Head of Wealth and Retail Banking (India and South Asia). Edited excerpts: […]
As a newcomer, you can get personalized financial advice and apply for credit cards that don’t require a long Canadian credit history. This gives you the chance to start building your credit score right away so you can qualify for higher credit limits or better loan terms as you build your life in a new […]
As banks become aggressive in marketing and marketing different types of credit cards, customer complaints related to this product dominated the complaints filed with the Banking and Financial Services Ombudsman in FY25. The RBI Ombudsman received 50,811 consumer complaints related to credit cards, a growth of 20 percent over FY24, and accounting for about 17 […]
Credit card transactions have skyrocketed over the years, with the transaction volume increasing from 208.7 crore in 2019 to 447.2 crore in 2024, while the value increased from ₹7.1 lakh crore to ₹20.4 lakh crore. | Photo credit: Kunakorn Rassadornyindee Private sector banks continue to dominate the credit card space in India and are focusing […]
Suryoday Small Finance Bank launched two secure credit cards on Monday, supported by the fixed deposits of customers and offers 0.5 percent cashback on all transactions. The Mumbai-based lender introduced the Suryoday SFB Rupay Select and Platinum variants, aimed at customers who may not be eligible for conventional credit cards due to income or documentation […]
In terms of value, most users chose to pay for their loans, credit card and ‘buy now, pay later accounts’. | Photocredit: Allen Egenuse J In a First, Unified Payments Interface (UPI) transaction volume, the 20 billion overrun in August 2025, according to data from National Payments Corporation of India (NPCI). A total of 20.01 […]
In terms of value, most users chose to pay for their loans, credit card and ‘buy now, pay later accounts’. | Photocredit: Allen Egenuse J In a First, Unified Payments Interface (UPI) transaction volume, the 20 billion overrun in August 2025, according to data from National Payments Corporation of India (NPCI). A total of 20.01 […]
Stack of multicolored credit cards on black background | Photocredit: Bernie_photo Bharatpe, the leading financial services and UPI paying company of India, announced the launch of Unity Bank Bharatpe -Kreditcard, in collaboration with Unity Small Finance Bank (Unity Bank) on Thursday. According to a business statement, the map in the first-time functions that are designed […]
Mumbai: Credit cards, often seen as an accurate proxy for the demand of urban consumption in India, saw additions to both the customer base and in July expenses, which reflected what some analysts described as revival in risky appetite by regular lenders. The expenditure climbed by 5.5% from June to RS 1.93 Lakh Crore, which […]
