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 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......
The net credit card additions in the banking sector nearly halved to 2 million in the first quarter of the current financial year (Q1FY25) from the previous quarter due to seasonal and regulatory......
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......
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:......