Page 17 - Credit Card

RBI allows HDFC Bank to issue new credit cards: Report

However, RBI's ban on the bank introducing new digital initiatives will continue, a source told Reuters

Mastercard profit beats estimates on consumer spending, travel boost

Mastercard saw improved strength in travel between the Unites States and Latin America, as well as an increase in travel within Europe, Miebach said on a conference call.

Should you ditch your credit card and consider 'buy now, pay later'?

Several players, such as LazyPay, Capital Float, and ZestMoney, to name a few, offer it

ICICI Bank ups ante in credit card space with fuel discount offering

Upping its game in the credit card market where it has been closing in on its bigger rival HDFC Bank, ICICI Bank on Tuesday launched a co-branded offering that gives discounts on fuel purchases.

RBI's move to ban Mastercard from issuing new cards may hit 5 private banks

Bajaj Finserv and SBI Cards also impacted

Credit card buys seen 8% lower in Apr-June quarter, say analysts

Among players in the credit card segment, HDFC Bank, despite a ban on issuing new credit cards, retained a sizeable, and, perhaps, the lar­gest market share in spends, at 27 per cent in May.

Magma Fincorp plans to enter into co-branded credit card business

Magma Fincorp on Friday said it plans to enter into an arrangement for issuance of co-branded credit cards

RBI ban on new credit cards sale hit market share, says HDFC Bank

The bank promised to get back to the market "with a bang" once the "temporal" embargo is lifted

Half of India's working population of 400 mn people credit active: Report

Credit institutions are fast approaching a saturation level in new customers as over half of the borrowers are from the existing customer base of a bank: report

PE major Carlyle to sell 5.1% stake in SBI Cards on Friday

A total of 48 million shares of the credit card company will be on offer in the range between Rs 1,002 to Rs 1,041.3 per share

HDFC Bank draws up groundwork to regain credit card market share

Will come back with a bang once RBI lifts freeze, says bank

Amazon explores replacing JPMorgan as issuer of co-brand credit card

American Express Co. and Synchrony Financial are among those bidding on the portfolio.

CredR to ride deeper into small towns on rising demand for used 2-wheelers

The used two-wheeler firm is in talks for fundraising, plans to double showrooms

RBI bars American Express, Diners Club from onboarding new customers

The central bank said the card companies did not adhere to guidelines on local data storage

Cash-strapped patients with Covid-19 infection can consider loans

In a health emergency, speed of disbursement is more important than cost

Citi's exit from retail banking an opportunity for Indian banks: Analysts

Among its various business verticals, analysts say Citi's credit card business will be most sought after by suitors

Top headlines: Auto-debit payments, steel firms' stocks surge, and more

Here are the top business headlines on Wednesday morning

Your auto payments for phone bills, OTT subscriptions may fail in April

Transactions worth more than Rs 2,000 cr expected to be affected as RBI refuses more time to comply with new pre-debit notification rule

New e-payment norms likely to block auto-subscriber route: Experts

Avoid exposing your data; use a virtual card instead

Soaring fuel prices crowd out other spends on credit cards: Report

Massive rise in retail fuel prices crowded out other discretionary spends on credit cards in December, according a report