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Aug 05, 2022 08:00 AM ISTIndependence Day | Five credit cards that make online shopping more rewarding
While shopping during Independence Day and the festive season, spend smartly and responsibly. These cards have also been arranged according to the least annual fees.
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Aug 02, 2022 02:38 PM IST Cost pressure keeps big NBFCs away from launching credit cards despite RBI provision
Leading NBFCs continue to focus on conventional lending products such as consumer durable finance and personal loans, experts say
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Jul 28, 2022 04:40 PM IST Credit cards not dying despite stagnating spends, BNPL to be a Rs 2 lakh crore market: Report
For the next five years, CLSA expects credit card spends to grow at a compound annual growth rate (CAGR) of 19 percent, down from the 24 percent CAGR in the past five years. The stagnation will come from companies tapping customers from smaller towns and cities where per capita consumption is lower.
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Jul 27, 2022 09:03 AM IST Independence Day weekend coming up: These credit cards will help you plan your holidays better
Among the credit cards aimed at the traveller are those that have tie-ups with travel portals. These can be used to plan your tickets and hotel stays, and often offer benefits like gift vouchers and discounts.
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Jul 19, 2022 07:35 AM IST Slice seeks RBI nod to issue credit cards amidst uncertainty over business model
Industry experts however, believe that it may be difficult for Slice to get RBI approval as the regulator may be selective in giving the green signal to NBFCs to issue credit cards.
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Jul 14, 2022 09:09 AM IST Liveboundless review - Stashfin launched lifetime free credit card for Women
Neobank Stashfin has launched a new credit card, called #Liveboundless, for women. Lifetime free card, it charges annual interest rates between 11-60% depending on your credit behavoir. A review
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Jul 05, 2022 01:37 PM IST Review: AU Small Finance Bank allows you to design your own credit card, but at a cost
AU Bank’s all-new LIT credit card is aimed at millennials and first-time card users. But every features offered comes at a price. It pays to know your spending pattern, thoroughly
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Jun 28, 2022 08:51 AM IST Chart of the Day: Rate cuts bypassed credit cards during pandemic
The transmission of policy rate cuts during pandemic years missed credit cards completely, with interest rates rising for this category.
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Jun 24, 2022 06:16 PM IST RBI extends card tokenisation deadline by three months
The RBI said that in respect of transactions where cardholders decide to enter the card details manually at the time of undertaking the transaction has not been implemented by the industry stakeholders.
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Jun 23, 2022 12:05 PM IST Explained: How tokenisation, which kicks off on July 1, will make your credit and debit cards safer
Stolen credit and debit card details stored on shopping portals can result in misuse of cards. That changes when India implements card tokenisation on July 1
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Jun 23, 2022 09:04 AM IST Started your university classes abroad already? Now, keep an eye on these upcoming expenses
Fees for the first couple of years, petty cash to take you through a year’s expenses….there is only so much you can plan before you fly overseas for higher studies. But expenses will crop up once you begin your course. Here’s how to manage your money then
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Jun 21, 2022 05:04 PM IST RBI grants three months extension for certain provisions under credit, debit and co-branded card norms
RBI has granted an extension for three provisions in the norms. Meanwhile the norms that reduced the role of card issuing fintechs have not received any extension.
- Jun 21, 2022 09:31 AM IST
Are you a big spender using a credit card? Well, here are the best cards with milestone benefits
Affluent spenders using credit cards must have a disciplined approach. They must avoid overspending to achieve milestones, bonus rewards, and waiver on annual renewal fees.
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Jun 16, 2022 12:17 PM IST Contactless payments grew 6x in the last three years in India, says report
The highest adoption of contactless payments was observed in sectors like Quick Service Restaurants, pharmacies, food, grocery, etc. across both credit and debit cards.
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Jun 10, 2022 06:44 PM IST Banks upbeat on credit card- UPI linkage, await clarity on MDR charges
To boost online transactions in the economy, the Reserve Bank of India has allowed banks to link credit cards with the Unified Payment Interface.
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Jun 09, 2022 12:05 PM IST Credit cards on UPI opens up a host of possibilities, but leaves many questions unanswered
The payments industry is awaiting clarification on how the pricing of such an arrangement will work. From the look of it, many see this as advantageous for RuPay.
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Jun 08, 2022 10:40 AM IST RBI Monetary Policy | Credit cards can now be linked to your UPI, starting with RuPay
Until now customers could only link their bank accounts through debit cards to UPI.
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Jun 07, 2022 03:47 PM IST BoB bets big on credit cards, to issue over 1 million cards in FY23, says BoB Financial MD
Bank of Baroda credit cards issued have grown from 0.12 million in March 2018 to over 1.1 million in March 2022.
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May 27, 2022 04:12 PM IST Muthoot Finance expecting robust gold loan growth, credit card foray this fiscal: MD
The company will also launch three or four more NCD issues this fiscal, each in the Rs 300-400 crore range, George A. Muthoot said.
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May 14, 2022 07:18 AM IST Moneycontrol Daily: Your Essential 7
A daily round-up of the most interesting articles to help jump-start the day.
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May 10, 2022 05:03 PM IST Axis Bank plans to scale up credit card business, says slippages under control
The likelihood of non-banking financial companies (NBFCs) entering the credit card market will not lead to an incremental business disruption at Axis Bank, says Sanjeev Moghe, president and head, cards and payments at Axis Bank
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May 06, 2022 11:39 AM IST Mother’s Day 2022: Financial lessons to learn from your mother
In many ways, mothers lay the foundation for the way we manage our finances as adults. And those lessons are priceless
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May 04, 2022 06:29 PM IST Mahindra Finance plans credit-card business entry; eyes double-digit business growth in FY23, says MD
The plan comes on the heels of RBI’s directive that NBFCs can offer credit cards if they receive regulatory permission and have a certificate of registration.
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Apr 29, 2022 08:51 AM IST TransUnion CIBIL study: More than 160 million Indian consumers are credit underserved
Credit cards and instalment-based credit schemes such as Buy-now, Pay-later are the most commonly used credit products by the underserved consumers
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Apr 29, 2022 08:04 AM IST Credit cards are not evil; just understand the maths to use it smartly
Don’t get into hacks like revolving credit card usage, and maintaining multiple cards, to get longer interest-free periods that many influencers promote these days.
