Credit growth at 11-year high despite rise in lending rates

Credit growth at 11-year high despite rise in lending rates

Despite rising interest rates, global uncertainties and supply-chain issues, loan growth in FY2023 h..

RBI to bring credit bureaus under ombudsman

RBI to bring credit bureaus under ombudsman

The Reserve Bank of India (RBI) will bring the Credit Information Companies (CIC) under the RBI Inte..

Dhanlaxmi Bank posts strong credit growth in FY23

Dhanlaxmi Bank posts strong credit growth in FY23

Kerala-headquartered Dhanlaxmi Bank has reported a strong business year with credit growing by 16.85..

IDFC First Bank, HPCL launch co-branded fuel credit card

IDFC First Bank, HPCL launch co-branded fuel credit card

Want to save up to 6.5% on your petrol and diesel spends? Take IDFC First Bank and HPCL’s co-branded..

UBS to buy Credit Suisse for $3.25bn

UBS to buy Credit Suisse for $3.25bn

Backed by the Swiss government and the regulators, UBS has agreed to acquire its troubled rival Cred..

Canara Bank Rupay Credit Card on UPI

Canara Bank Rupay Credit Card on UPI

Canara Bank, in collaboration with NPCI, has launched the Rupay Credit Card through UPI using the BH..

Credit growth at 16.8% vs deposits' 10.3% in Dec quarter

Credit growth at 16.8% vs deposits' 10.3% in Dec quarter

Banks' credit growth doubled to 16.8% in the October-December quarter from a year earlier but was lo..

Bank credit, deposit trends in Q3

Bank credit, deposit trends in Q3

Most banks who have provided provisional data for the fiscal third-quarter have shown strong loan an..

Banks may increase deposit rates amid rise in credit growth

Banks may increase deposit rates amid rise in credit growth

Banks may have to further hike deposit rates to meet a surge in credit demand, the Reserve Bank of I..

HDFC Bank looks to issue a million credit cards a month

HDFC Bank looks to issue a million credit cards a month

HDFC Bank is planning to make up for its lost ground in the credit card business after the Reserve B..

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Bank credit growth is expected to touch a new high, surpassing the Rs 19 trillion in the current fis..

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..