Search For "credit card"
Impact of GST 2.0 short-lived as Credit Card spends moderate, issuance rem
Updated : 2 months, 2 weeks ago IST
The impact of GST 2.0 on consumer spending has proved to be short-lived, with card spends moderating after the festive season, even as new card issuance remained healthy, according to a report by Asit C. Mehta Investment Intermediates Limited (ACMIIL), a SEBI-registered stock broker.
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Credit Card issuance declines in Q2FY26 amid slowing consumer credit growt
Updated : 2 months, 3 weeks ago IST
The number of new credit cards issued fell to 4.4 million in the second quarter of FY26, a steep 28% year-on-year decline compared with 6.1 million cards issued in the same period last year, the report said.
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High-value buying shifts to credit cards, UPI for everyday payments amid d
Updated : 2 months, 3 weeks ago IST
Credit cards continued to dominate high-value consumer spending in the country, while UPI further strengthened its position as the preferred mode for everyday payments, according to a report by Worldline.
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Rising travel costs drive Indians to maximise credit card rewards through
Updated : 2 months, 3 weeks ago IST
Flight redemptions have emerged as the most preferred use of credit card reward points in India in 2025, overtaking cashback, according to a report by AI-driven credit card and loyalty optimisation platform SaveSage.
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FinBox launches Journey Studio to enable lenders to launch digital credit
Updated : 3 months ago IST
Bangalore (Karnataka) [India], December 10: FinBox, a leading digital credit infrastructure and risk intelligence provider, today announced the launch of Journey Studio - a platform that allows banks, NBFCs, and Lending Service Providers (LSPs) to launch new digital journeys for products lik
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Travel is Back: AU Credit Cards Enable Seamless International Spending for
Updated : 3 months ago IST
Mumbai (Maharashtra) [India], December 10: International travel is surging again, and more Indians are stepping out to explore new cities, reconnect with loved ones, study abroad, or attend global business events. With this renewed momentum, travellers are looking for payment options that ar
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IDFC FIRST Bank launches FIRST WOW! Black, a premium credit card with Zero
Updated : 3 months ago IST
Mumbai (Maharashtra) [India], December 8: IDFC FIRST Bank today announced the launch of the FIRST WOW! Black Credit Card - an upgraded and more feature-rich version of the existing FIRST WOW! Credit Card, backed by a fixed deposit. It is designed for premium benefits on FD Backed Secured Ca
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RBI Ombudsman sees 13.34 Lakh complaints in FY25; Loans, Credit Cards domi
Updated : 3 months, 1 week ago IST
RBI highlighted an expanded digital complaint footprint, improved disposal efficiency, and increasing concerns around loans, credit cards and digital frauds.
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Post-festive demand remains strong in country as consumption outlook stays
Updated : 3 months, 2 weeks ago IST
The domestic demand has remained steady even after the festive season, indicating a positive consumption trajectory for the economy, according to a report by Prabhudas Lilladher, a financial service firm.
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India's retail credit grows steadily at 18% in Q2FY26, led by gold, auto l
Updated : 3 months, 2 weeks ago IST
The growth, it said, is supported by heightened demand for gold loans, auto loans, and a resurgence in personal loans and credit cards. PSU banks further consolidated their leadership across several major loan categories.
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"Farmers are still agitating": DMK's TKS Elangovan on PM Modi's visit to C
Updated : 3 months, 3 weeks ago IST
Prime Minister Narendra Modi said on Tuesday that the government is actively encouraging farmers to adopt natural farming, and lakhs of farmers have joined the National Mission on Natural Farming launched about a year back.
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NPCI set to shake up card usages; fintech companies stand to gain: Bernste
Updated : 3 months, 3 weeks ago IST
India's homegrown payments body, the National Payments Corporation of India (NPCI), is now gearing up for a fresh wave of disruption in the country's credit landscape, after having already transformed debit payments through UPI. According to a research report by Bernstein, "NPCI has already
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