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  • Axis Bank plans to scale up credit card business, says slippages under control May 10, 2022 05:03 PM IST

    Axis Bank plans to scale up credit card business, says slippages under control

    The likelihood of non-banking financial companies (NBFCs) entering the credit card market will not lead to an incremental business disruption at Axis Bank, says Sanjeev Moghe, president and head, cards and payments at Axis Bank

  • Mother’s Day 2022: Financial lessons to learn from your mother May 06, 2022 11:39 AM IST

    Mother’s Day 2022: Financial lessons to learn from your mother

    In many ways, mothers lay the foundation for the way we manage our finances as adults. And those lessons are priceless

  • Mahindra Finance plans credit-card business entry; eyes double-digit business growth in FY23, says MD May 04, 2022 06:29 PM IST

    Mahindra Finance plans credit-card business entry; eyes double-digit business growth in FY23, says MD

    The plan comes on the heels of RBI’s directive that NBFCs can offer credit cards if they receive regulatory permission and have a certificate of registration.

  • TransUnion CIBIL study: More than 160 million Indian consumers are credit underserved Apr 29, 2022 08:51 AM IST

    TransUnion CIBIL study: More than 160 million Indian consumers are credit underserved

    Credit cards and instalment-based credit schemes such as Buy-now, Pay-later are the most commonly used credit products by the underserved consumers

  • Credit cards are not evil; just understand the maths to use it smartly Apr 29, 2022 08:04 AM IST

    Credit cards are not evil; just understand the maths to use it smartly

    Don’t get into hacks like revolving credit card usage, and maintaining multiple cards, to get longer interest-free periods that many influencers promote these days.

  • RBI's new norms could hurt banks’ outstanding credit cards, margins: Axis Bank Official Apr 28, 2022 08:23 PM IST

    RBI's new norms could hurt banks’ outstanding credit cards, margins: Axis Bank Official

    Axis Bank issued around 1.1 million credit cards in January-March, taking total card issuances in financial year 2022 to 2.7 million.

  • Why will RBI’s new rules benefit credit-card customers? Apr 28, 2022 03:47 PM IST

    Why will RBI’s new rules benefit credit-card customers?

  • Lounge visits, vouchers, travel insurance: Credit cards that offer goodies for domestic travel Apr 27, 2022 09:48 AM IST

    Lounge visits, vouchers, travel insurance: Credit cards that offer goodies for domestic travel

    The domestic travel credit cards offer airport or railway lounge access, discounts on travel-related purchases, and rewards or air miles that can be redeemed against flight and hotel bookings

  • Credit cards a good carrot for NBFCs amid tightening regulation Apr 25, 2022 09:04 AM IST

    Credit cards a good carrot for NBFCs amid tightening regulation

    The change will mean that NBFCs can now earn interest income on their credit cards as the credit would be from their own balance sheet 

  • RBI's new credit card issuance rules: Three key points explained Apr 22, 2022 06:05 PM IST

    RBI's new credit card issuance rules: Three key points explained

    RBI's directions on credit cards say that registered NBFCs cannot issue credit cards or similar products without the regulator's approval.

  • RBI's new rules for credit, debit cards: All you need to know Apr 22, 2022 08:43 AM IST

    RBI's new rules for credit, debit cards: All you need to know

    The RBI (Credit Card and Debit Card - Issuance and Conduct) Directions, 2022 shall apply to all Scheduled Banks (except Payments Banks, State Co-operative Banks, and District Central Cooperative Banks) as well as all Non-Banking Financial Companies (NBFCs) operating in India.

  • Personal loans or credit cards: Which is better for short-term goals? Apr 19, 2022 06:28 AM IST

    Personal loans or credit cards: Which is better for short-term goals?

    Selecting between the two options depends on the repayment ability of the individual, the existing burden of any EMIs and future expenses.

  • Travelling abroad for summer vacations? These five credit cards charge low forex markup fee Apr 12, 2022 08:10 AM IST

    Travelling abroad for summer vacations? These five credit cards charge low forex markup fee

    Banks charge foreign exchange markup fee when you are making a payment in a foreign currency. So spend wisely while travelling abroad

  • Axis Bank-Citibank deal: India’s credit card market is at crossroads. Which way will it go? Mar 31, 2022 04:04 PM IST

    Axis Bank-Citibank deal: India’s credit card market is at crossroads. Which way will it go?

    Credit card spends have survived the rapid expansion of the Unified Payments Interface, which continues to eat into the payments pie. But with BNPL posing a fresh challenge, issuers face a challenge in widening credit card usage.

  • 'Deal of a lifetime': Axis Bank’s Amitabh Chaudhry cheers Citibank India's portfolio buyout Mar 30, 2022 08:17 PM IST

    'Deal of a lifetime': Axis Bank’s Amitabh Chaudhry cheers Citibank India's portfolio buyout

    Apart from improvement in the CASA ratio, net interest margin, and credit card market share, the deal would also give Axis Bank access to the premium set of high spending customers.

  • Credit cards may have missed the millennial bus Mar 25, 2022 09:04 AM IST

    Credit cards may have missed the millennial bus

    Millennials have overwhelmingly voted with their feet for new payment systems like digital/mobile wallets and mobile-based instant payments 

  • Exclusive Interview| After RBI green light, HDFC Bank will take 2-3 quarters to regain credit card market share, says Parag Rao Mar 16, 2022 07:52 PM IST

    Exclusive Interview| After RBI green light, HDFC Bank will take 2-3 quarters to regain credit card market share, says Parag Rao

    HDFC Bank’s group head of payments Parag Rao is optimistic about the recovery in the credit card business after the RBI lifted the ban on the bank.

  • With digital woes behind it, HDFC Bank now needs a friendlier world Mar 14, 2022 07:55 AM IST

    With digital woes behind it, HDFC Bank now needs a friendlier world

    Analysts have kept the faith and most still highlight HDFC Bank's comparatively pristine asset quality as a key strong point

  • Five co-branded credit cards that offer great cashbacks and rewards. Do you have any? Feb 11, 2022 09:40 AM IST

    Five co-branded credit cards that offer great cashbacks and rewards. Do you have any?

    Co-branded credit cards are useful for individuals who make frequent transactions with partner brands, as they can get extra cashback, accelerated reward points or discounts

  • Rise in complaints related to e-banking, credit cards in FY21: MoS Finance Bhagwat Karad Feb 07, 2022 10:45 PM IST

    Rise in complaints related to e-banking, credit cards in FY21: MoS Finance Bhagwat Karad

    During the period from 2019-20 to 2020-21, there was a decline of 13.01 per cent in complaints related to ATM/debit cards, while there was an increase of 12.01 percent and 52.99 percent in complaints regarding mobile/electronic banking and credit cards respectively, MoS for Finance Bhagwat Karad said in a written reply in the Lok Sabha.

  • These five all-rounder credit cards offer great deals across multiple categories Jan 10, 2022 06:43 AM IST

    These five all-rounder credit cards offer great deals across multiple categories

    Benefits are available for shopping, dining and traveling, among other activities. Annual charges are between Rs 499 and Rs 4,999

  • Digital payments explained | How your money travels from one bank to another Jan 06, 2022 01:04 PM IST

    Digital payments explained | How your money travels from one bank to another

    When you swipe your card at the local kirana or make an online card transaction, you may have wondered if the cost of the product or service contains additional charges because of the chain of players involved in the payment process. Does the bank, or the card company, or the payment gateway earn from these transactions? Do you pay these costs directly or do merchants take a cut from their earnings on each transaction? How do payments get executed? A lot of pieces come together like clockwork to ensure that your money securely travels from your bank to another. We explain where all your money makes pit stops and how payments players earn en route.

  • Credit cards: a ticking time bomb or storm in a teacup? Dec 30, 2021 06:55 PM IST

    Credit cards: a ticking time bomb or storm in a teacup?

    The Reserve Bank of India’s (RBI) financial stability report (FSR) shows that public sector banks saw delinquencies in their credit card portfolio surge to double digits by March 2021.

  • 5 super-premium credit cards offering great deals Dec 27, 2021 10:01 PM IST

    5 super-premium credit cards offering great deals

    With several credit card options available in the market, finding the best card with super-premium benefits becomes tedious. To help you find your perfect companion, Paisabazaar has identified the best super premium credit cards.

  • These five premium credit cards offer great deals on luxury spends Dec 27, 2021 10:16 AM IST

    These five premium credit cards offer great deals on luxury spends

    These cards come with many exclusive benefits, but charge a high annual fee

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