Credit Card default surges as retail credit grows
Credit card payment defaults have surged in June 2023 despite the growth of credit card lending, as per a TOI ...
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Tag: credit card
Bank of Baroda plans to divest up to 49 pc in credit card arm
State-owned Bank of Baroda (BoB) plans to sell up to 49 per cent stake in credit card business arm BOB ...
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DBS to complete retail offerings with super premium credit cards
Mumbai: Singapore's DBS Bank will look to complete its retail product offering by adding a super-premium credit card as soon ...
Read moreCredit card spends in foreign currency to attract 20% TCS
New Delhi: Foreign currency payments such as digital subscriptions to publications or goods bought on foreign ecommerce sites through international ...
Read moreGovernment tightens rules on global credit card transactions by Indian travellers abroad
n a move that could weigh on personal expenses of wealthy Indians on foreign trips, including for gifts, the government ...
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Canara Bank to spin off its credit card vertical into a separate subsidiary
State-owned Canara Bank is set to spin off its credit card vertical into a separate subsidiary while it has started ...
Read moreCredit card spends fall for the first time in six months
Mumbai: Consumer spending on credit cards fell for the first time since July, signalling an end to the festive season ...
Read moreCredit card numbers continue to slip after RBI’s deactivation order
The Reserve Bank of India (RBI) order on discontinuing inactive credit cards continued to negatively impact the industry size, with ...
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