RBI's new credit card issuance rules: Three key points explained
RBI's directions on credit cards say that registered NBFCs cannot issue credit cards or similar products without the regulator's approval.
RBI's new rules for credit, debit cards: All you need to know
The RBI (Credit Card and Debit Card - Issuance and Conduct) Directions, 2022 shall apply to all Scheduled Banks (except Payments Banks, State Co-operative Banks, and District Central Cooperative Banks) as well as all Non-Banking Financial Companies (NBFCs) operating in India.
Personal loans or credit cards: Which is better for short-term goals?
Selecting between the two options depends on the repayment ability of the individual, the existing burden of any EMIs and future expenses.
Travelling abroad for summer vacations? These five credit cards charge low forex markup fee
Banks charge foreign exchange markup fee when you are making a payment in a foreign currency. So spend wisely while travelling abroad
Axis Bank-Citibank deal: India’s credit card market is at crossroads. Which way will it go?
Credit card spends have survived the rapid expansion of the Unified Payments Interface, which continues to eat into the payments pie. But with BNPL posing a fresh challenge, issuers face a challenge in widening credit card usage.
'Deal of a lifetime': Axis Bank’s Amitabh Chaudhry cheers Citibank India's portfolio buyout
Apart from improvement in the CASA ratio, net interest margin, and credit card market share, the deal would also give Axis Bank access to the premium set of high spending customers.
Credit cards may have missed the millennial bus
Millennials have overwhelmingly voted with their feet for new payment systems like digital/mobile wallets and mobile-based instant payments
Exclusive Interview| After RBI green light, HDFC Bank will take 2-3 quarters to regain credit card market share, says Parag Rao
HDFC Bank’s group head of payments Parag Rao is optimistic about the recovery in the credit card business after the RBI lifted the ban on the bank.
With digital woes behind it, HDFC Bank now needs a friendlier world
Analysts have kept the faith and most still highlight HDFC Bank's comparatively pristine asset quality as a key strong point
Five co-branded credit cards that offer great cashbacks and rewards. Do you have any?
Co-branded credit cards are useful for individuals who make frequent transactions with partner brands, as they can get extra cashback, accelerated reward points or discounts
Rise in complaints related to e-banking, credit cards in FY21: MoS Finance Bhagwat Karad
During the period from 2019-20 to 2020-21, there was a decline of 13.01 per cent in complaints related to ATM/debit cards, while there was an increase of 12.01 percent and 52.99 percent in complaints regarding mobile/electronic banking and credit cards respectively, MoS for Finance Bhagwat Karad said in a written reply in the Lok Sabha.
These five all-rounder credit cards offer great deals across multiple categories
Benefits are available for shopping, dining and traveling, among other activities. Annual charges are between Rs 499 and Rs 4,999
Digital payments explained | How your money travels from one bank to another
When you swipe your card at the local kirana or make an online card transaction, you may have wondered if the cost of the product or service contains additional charges because of the chain of players involved in the payment process. Does the bank, or the card company, or the payment gateway earn from these transactions? Do you pay these costs directly or do merchants take a cut from their earnings on each transaction? How do payments get executed? A lot of pieces come together like clockwork to ensure that your money securely travels from your bank to another. We explain where all your money makes pit stops and how payments players earn en route.
Credit cards: a ticking time bomb or storm in a teacup?
The Reserve Bank of India’s (RBI) financial stability report (FSR) shows that public sector banks saw delinquencies in their credit card portfolio surge to double digits by March 2021.
5 super-premium credit cards offering great deals
With several credit card options available in the market, finding the best card with super-premium benefits becomes tedious. To help you find your perfect companion, Paisabazaar has identified the best super premium credit cards.
These five premium credit cards offer great deals on luxury spends
These cards come with many exclusive benefits, but charge a high annual fee
2021: The year UPI became the undisputed payments champion
As of November 2021, the Unified Payments Interface had seen its transaction value surge 103% over 2020. And that steady clip is likely to continue into 2022.
What are health-focused credit cards?
SBI Cards – Should you look at the stock, post moderation in valuation?
The mono-line nature of SBI Cards' business with unsecured portfolio is an area of concern while regulatory risk poses uncertainty
Going on holiday shopping? Here are five credit cards that offer the best discounts and cashbacks
While shopping for Christmas or New Year's eve, spend smartly and responsibly.
Digital payments script robust growth story in India, cards in race
Digital payments have grown five folds from 1,004 crore in 2016-17 to 5,554 core in 2020-21. Till mid-November this fiscal, the total number of digital transactions stood at 4,683 crore
Planning a holiday? These five credit cards offer the best deals on travel bookings
Travel credit cards are popular among those flying frequently on vacations or business trips
Why has RuPay rattled Visa and MasterCard?
Usage under the Jan Dhan scheme and push by the government for PSU banks to use RuPay have led to a jump in its market share. However, RuPay continues to lag in the credit card market and forms a small share of the volume and value of card transactions in India.
Five fuel credit cards that offer the best cashbacks and reward points
Use your fuel credit cards smartly and responsibly. Do not overspend.
