Recent RBI data indicates net addition of credit cards is running strong at 18 per cent year-on-year (Y-o-Y), but growth in credit card limits is ahead of loans outstanding. Photograph: Danish......
'Spends are likely to increase from the current levels because recovery is yet to fully be over.'Manojit Saha reports. Illustration: Uttam Ghosh/Rediff.com Indians are spending on their credit......
RuPay is working on how to increase offers to customers. It is also focused on technology innovation in the card payment system. IMAGE: A RuPay sign is seen on the door of an ATM. Photograph:......
Income velocity based on currency with the public went down from 0.93 in October to 0.84 in March says a report from SBI's economic research department Illustration: Uttam Ghosh/Rediff.com Why are......
The bank's response came to a clarification sought by stock exchange on recent reports on debit cards blocking in the wake of suspected data breach India's largest bank SBI, on Thursday, said its......