IDFC First Bank launches FIRST EA₹N RuPay credit card

IDFC First Bank launches FIRST EA₹N RuPay credit card

IDFC First Bank has launched a UPI-enabled RuPay credit card called FIRST EA₹N.The credit card is ba..

RBI allows small finance banks to offer pre-sanctioned credit lines via UPI

RBI allows small finance banks to offer pre-sanctioned credit lines via UPI

The Reserve Bank of India has proposed to allow small finance banks (SFBs) to extend pre-sanctioned ..

Bank credit to industry at 8% in October

Bank credit to industry at 8% in October

Banks have seen a slower growth in personal loans while credit to industry and agriculture have gone..

RBL Bank, Bajaj Finance end credit card partnership

RBL Bank, Bajaj Finance end credit card partnership

RBL Bank and Bajaj Finance have ended their 8-year-old partnership to roll out co-branded credit car..

HDFC Bank sells Rs 6,000 cr home loans to trim credit book

HDFC Bank sells Rs 6,000 cr home loans to trim credit book

HDFC Bank has sold a housing loan portfolio of about Rs 6,000 crore ($717 million) as part of the ex..

Creditors’ haircuts in bankruptcy cases rise to 73% in FY24

Creditors’ haircuts in bankruptcy cases rise to 73% in FY24

The haircuts taken by creditors in bankruptcy resolutions have increased to 73% in FY24, from  ..

Bank credit to industry up, personal loans moderate

Bank credit to industry up, personal loans moderate

Bank credit to industry rose 8.5% in March 2024 compared to 5.6% a year ago while personal loans saw..

ICICI Bank blocks 17,000 credit cards amid data breach

ICICI Bank blocks 17,000 credit cards amid data breach

If you are an ICICI Bank credit card customer, you may get concerned about a glitch in the lender’s ..

RBI stops Kotak Mahindra Bank from issuing new credit cards, adding customers online

RBI stops Kotak Mahindra Bank from issuing new credit cards, adding customers online

The Reserve Bank of India (RBI) has barred Kotak Mahindra Bank from onboarding new customers through..

Axis Bank credit card users hit by fraudulent international transactions

Axis Bank credit card users hit by fraudulent international transactions

Several Axis Bank credit card customers have been impacted by fraudulent overseas transactionsz*cxSt..

RBI bars Federal Bank, South Indian Bank from adding co-branded credit card customers

RBI bars Federal Bank, South Indian Bank from adding co-branded credit card customers

The Reserve Bank of India (RBI) has directed Federal Bank and South Indian Bank to stop issuing new ..

Deposit challenges to moderate bank credit growth in FY25

Deposit challenges to moderate bank credit growth in FY25

Bank credit and deposits cannot keep running at very different levels for a long period of time and ..

Bank credit growth could moderate in FY25 amid tighter liquidity

Bank credit growth could moderate in FY25 amid tighter liquidity

Bank credit growth, which has remained strong, could moderate to 12-14% in the next fiscal if deposi..

Bank credit to industry slows in November

Bank credit to industry slows in November

Bank credit growth to industry decelerated to 6.1% in November versus 13% a year ago, data from the ..

IDFC First Bank expands youth-centric credit card portfolio with new launch

IDFC First Bank expands youth-centric credit card portfolio with new launch

Expanding its credit card offering for the youth, IDFC First Bank has launched the First SWYP Credit..