Credit growth accelerates to 17.2% in September quarter

Credit growth accelerates to 17.2% in September quarter

Bank credit growth accelerated to 17.2% in the September quarter from 7% a year ago and 14.2% in the..

SBI’s strong Q2 performance indicates credit growth revival in economy

SBI’s strong Q2 performance indicates credit growth revival in economy

State Bank of India (SBI), which became the country’s most profitable company in the fiscal second q..

No charge for RuPay credit card use on UPI for transactions up to Rs 2,000

No charge for RuPay credit card use on UPI for transactions up to Rs 2,000

There will be no charge for RuPay credit card use on Unified Payments Interface (UPI) for transactio..

Axis Bank, Samsung launch co-branded credit card

Axis Bank, Samsung launch co-branded credit card

Samsung and Axis Bank have partnered to launch a co-branded credit card, powered by Visa. The card w..

Companies flock back to banks for credit

Companies flock back to banks for credit

Something unusual happened in the sprawling loan market. HDFC Bank let go Rs 50,000 crore of wholesa..

SBI Card launches cashback-focused credit card

SBI Card launches cashback-focused credit card

SBI Card has launched what it calls the country’s first cashback-focused credit card. Cardholders ca..

Bank credit grows 14.2% in June quarter

Bank credit grows 14.2% in June quarter

Bank credit growth accelerated to 14.2% in the quarter ended June 2022 compared to 6% a year ago, RB..

Adani Group ‘deeply overleveraged’, warns CreditSights

Adani Group ‘deeply overleveraged’, warns CreditSights

Gautam Adani's ports-to-power conglomerate is “deeply overleveraged” as the group invests aggressive..

Now you can file unresolved credit score complaint with RBI

Now you can file unresolved credit score complaint with RBI

Credit bureaus will now have to be more accountable. Customers of registered credit bureaus can file..

PNB CEO targets higher bad loan recovery, double-digit credit growth in FY23

PNB CEO targets higher bad loan recovery, double-digit credit growth in FY23

Punjab National Bank (PNB) is looking to recover Rs 32,000 crore worth of bad loans and reduce its n..

Canara Bank CEO sees ‘decent’ double-digit credit growth; credit card arm likely by Q3

Canara Bank CEO sees ‘decent’ double-digit credit growth; credit card arm likely by Q3

Canara Bank plans to raise Rs 7,000 crore in the remaining part of the financial year and float a cr..

IndusInd Bank eyes 20% credit growth in FY23

IndusInd Bank eyes 20% credit growth in FY23

Private sector lender IndusInd Bank reported a 64.4% year-on-year rise in net profit to Rs 1,603.29 ..

RBI’s data on bank credit, deposit growth

RBI’s data on bank credit, deposit growth

Bank credit grew by 13.29% to Rs 123.81 lakh crore and deposits by 9.77% to Rs 169.61 lakh crore in ..

RBI disallows non-banks from loading credit lines on prepaid payment instruments

RBI disallows non-banks from loading credit lines on prepaid payment instruments

The Reserve Bank of India (RBI) has disallowed non-bank pre-paid wallets and pre-paid cards from loa..

RBI allows credit card linking with UPI, RuPay gets first to bat

RBI allows credit card linking with UPI, RuPay gets first to bat

The Reserve Bank of India (RBI) has allowed linking of RuPay credit cards to the UPI network, settin..