Credit Card Loans

Responsible Credit Usage: Best Practices for First-Time Credit Card Users

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Pay Day just got pricier: New credit card offers 37.5% Salary Day rewards

The card introduces India's first "Salary Day Bonus" feature, offering up to 37.5% rewards on salary disbursement days, enabling salaried employees to maximize returns on essential expenses

Borrowing Boom: 46% take loans for Phones, EMI Cards power 65% of credit

57% of borrowers shop online, with women (66%) surpassing men (55%), highlighting how digital convenience is empowering women to manage household purchases and finances independently

Festivals, GST cuts to drive credit card spends after 13.7% August rise

While spends saw a robust increase on a YoY basis, there was a slight moderation compared to previous month, where spends had touched Rs 1.93 trillion

Credit boom shows cracks: Rising defaults in cards, personal, auto loans

For everyday borrowers, this means one thing: it's time to review your debt habits and prepare for a less forgiving credit environment.

Planning a credit card loan? It could cost you 40-50% more in interest

Credit card loans offer quick cash but can quietly drain your finances. Here's a simple breakdown of how they work, what they cost, and when using them might backfire.

India credit, charge card payment market to cross $300bn in 2025: Report

An important factor contributing to this uptrend in India, GlobalData believes, is the availability of installment facilities

Chicken burger on EMIs? Buy now, pay later signals a global debt crisis

From Malaysia's chicken burgers on credit to the US' DoorDash EMIs, Buy Now, Pay Later is creeping into daily essentials, raising alarms over rising household debt and a worsening global cash crunch

Indian banks' loan growth slows for 8th straight month in Feb: RBI data

The data showed that banks' credit increased by 12 per cent year-on-year last month, slower than the 16.6 per cent rise a year earlier

RuPay credit card UPI transactions double in first seven months of FY25

The National Payments Corporation of India, which runs the real-time payments system Unified Payments Interface (UPI), launched the RuPay credit card programme in 2017

Millennials fuel surge in credit card defaults as e-commerce drives debt

The growth of digital payments, internet services, and e-commerce has boosted the credit card industry, but EMIs for large purchases often lead young users to default

Monetary policy: Some entities not following topup loan norms, says RBI

Credit card spend continues to see high growth despite risk weighting increase

New tool against online fraud: Alerts for UPI, card, and net banking

Feature involves sending an immediate alert to the account holder before allowing any unusual or suspicious transaction initiated through their bank account

Banks ready systems for capturing int'l credit card spends under LRS

Last year the government had announced that credit card spends in a foreign currency will be a part of LSR's annual limit of $2,50,000

Bandhan Bank to launch credit card in Apr-May; Piush Jha to head the unit

Strengthens top management with ex HDFC, Citi, Axis bankers

Obtain secured credit card, repay regularly to repair credit history

Use less than 30% of card limit; avoid frequent loan applications

No cost EMIs galore this festive season: Are there any hidden charges?

The no-cost EMI offers allow consumers to buy different products in instalments without paying additional interest or charges. This implies that you will be paying only the actual price of the product

Six steps to improve your credit or CIBIL score, check steps below

Your CIBIL score plays a key role when you go for loan requests as it will help you get loans at easy interest rates and along with other benefits. Here are the six tips to improve your credit score

Loans against mutual funds: Should you opt for it over a personal loan?

A loan against mutual funds significantly reduces the short-term borrowing (less than one year) cost

Credit card defaults rise by Rs 951 cr: What happens when you default

Although the retail segment played a critical role in bank credit recovery process, the concentration of banks' loan portfolios in unsecured lending can have serious financial implications