Major credit card issuers go live on Bharat Bill Payment Systems platform

Major credit issuers, including the largest — HDFC Bank — have integrated their systems with the Bharat Bill Payment Systems (BBPS) for receiving credit card repayments via third-party......

Credit Card Payments Will Be Blocked On Apps

Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others. IMAGE: Kindly note the image has been posted only for representational purposes. Photograph:......

IndusInd Bank drops 3% as analysts see limited near-term upside post Q3

Despite a largely stable December quarter, investors booked profit in shares of IndusInd Bank (IIB) as an increase in slippages took them by surprise. Analysts, on their part, believe investors......

RBI rule on unsecured loans to hit lenders' capital, loan growth: Analysts

The Reserve Bank of India's (RBI's) latest order on unsecured loans is set to hit the banking sector's growth in the near-term, cautioned analysts, as they see banks slowing down on aggressive......