Search For "credit cards"
Over 1.10 crore new credit cards issued in last 1 year, private bank domin
Updated : 1 year, 2 months ago IST
The credit card market in India has witnessed significant growth over the past year, with more than 1.10 crore new credit cards issued, according to a report by Indus Equity Advisors.
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Over 80% Credit Card Users See more Value Shopping Online During Festive S
Updated : 1 year, 3 months ago IST
Gurugram (Haryana) [India], November 18: A survey by Paisabazaar, India's largest marketplace for consumer credit and free credit score platform, revealed a strong consumer preference for online shopping during festive season. More than 48% of respondents who used credit cards for their fest
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InPrime Finserv Selects Scienaptic AI Credit BRE Platform for Enhanced Cre
Updated : 1 year, 5 months ago IST
New York [US]/ Bangalore (Karnataka) [India], October 15: Scienaptic AI, a leading global AI-powered credit decisioning platform provider, today announced that InPrime Finserv, has chosen its AI-powered platform to enable sharper credit decisions through Scienaptic's AI models and execute on
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Rising demand for premium credit cards in India reflects economic growth
Updated : 1 year, 5 months ago IST
As the country's GDP climbs to USD 3.5 trillion and personal fortunes expand, affluent Indians are seeking exclusive services, including credit cards that cater to their sophisticated needs.
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August credit card spending drops by 3.4 pc despite 0.9 pc growth of cards
Updated : 1 year, 5 months ago IST
This comes alongside a deceleration in the growth of receivables per card, which rose by only 0.2 per cent MoM. However, in August, the total number of cards-in-force (CIF) grew by 0.9 per cent MoM to 105.5 million, marking a yearly growth of 15.6 per cent.
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Spend and loan growth of credit cards slowed as lenders are cautious on as
Updated : 1 year, 5 months ago IST
Growth in credit card spending across the system has dropped to about 13 per cent year-on-year (y-o-y) in August 2024, down from 19 per cent in July 2024. The Reserve Bank of India (RBI) credit card data for August 2024, has also highlighted a continued slowdown in both the number of cards i
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AAHL assures passengers, airport lounge access disruptions will be resolve
Updated : 1 year, 5 months ago IST
A spokesperson of AAHL, stated, "We are committed to fully supporting passengers during this period. However, services through Dreamfolks have not yet been reinstated despite our efforts. As a temporary solution, lounges at Adani-operated airports are now accepting all major debit and credit
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IDEMIA survey reveals a significant growth trend for digital cards in Indi
Updated : 1 year, 6 months ago IST
83 per cent of respondents access their digital cards via Google Pay, while 72 per cent use banking apps on Android devices. Looking ahead, 87 per cent of respondents are keen on adopting digital payment cards within the next three years, reflecting an ongoing shift towards digital solutions
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Digital payments in India to grow threefold from 159 bn in FY24 to 481 bn
Updated : 1 year, 6 months ago IST
In terms of transaction value, the market is expected to nearly double during this period, expanding from INR 265 trillion to Rs 593 trillion by FY 2028-29.
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Credit card market in India to double by 2028-29: Pwc
Updated : 1 year, 6 months ago IST
The number of credit cards in India is expected to reach 200 million with a CAGR of 15 per cent, highlighted a report by PwC.
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Maldives police launch probe into alleged coup attempt after suspension of
Updated : 1 year, 6 months ago IST
The Maldives Police Service (MPS) has commenced a probe into allegations that the opposition tried to stage a coup d'etat after the Bank of Maldives (BML) decision on Sunday to suspend foreign transaction allowances on debit and credit cards related to Maldivian Rufiyaa (MVR) accounts, Ma
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Get Ready for Online Sales with Shopping Credit Cards on Bajaj Markets
Updated : 1 year, 6 months ago IST
Pune (Maharashtra) [India], August 24: Bajaj Markets, a leading financial services marketplace, has partnered with some of the top banks and companies to offer a variety of credit cards. These cards are designed to enhance the shopping experience by offering rewards, discounts, and exclus
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