Credit card spends rise 14.5% in October on festive season purchases

Credit card spending reached Rs 2 trillion in October, a 14.5 per cent rise from September, largely driven by festival season purchases. Illustration: Uttam Ghosh/Rediff.com However, the volume of......

Credit cards get a festive boost, spending increases 25% in Sep

Credit card spending in September recorded strong growth of 25 per cent year-on-year (Y-o-Y), marking the highest increase in six months. Even as many banks saw higher slippages during the......

50 bps cut in interest rate likely by March 2025: Axis Mutual Fund

'Investors can consider staying invested in long duration products as there is a possibility of rate cuts in the near term.' Illustration: Dominic Xavier/Rediff.com Positive macros — lower......

Paytm gets NPCI nod to onboard new UPI users

The National Payments Corporation of India (NPCI) has granted approval to Paytm to onboard new UPI users, subject to the adherence to all procedural guidelines and circulars, according to the......