Can you use a credit card beyond its sanctioned limit? This is how overdraft facility works
As a credit card user if you want to use your card beyond its sanctioned limit, you are supposed to seek prior consent for an ...
Credit card spends rise 14.5% in October on festive season purchases
The sharp spike in spends comes at a time when almost all major credit card issuers are calibrating their growth in the ...
SME Times3h
Credit card spending in India crosses Rs 2 lakh crore in Oct
The festive season in India has experienced significant growth across various metrics, with credit card expenditures surpassing Rs 2 lakh crore in October, marking a 14.5 percent increase compared to ...
RBI to delay cutting rates to early 2025 amid inflation concerns: Poll
Twenty-one of 48 common contributors who provided rate forecasts last month and this month pushed their expectation for the ...
Hosted on MSN9d
Credit card consumer protection laws: 6 key RBI rules you should know
Hence, it becomes important for you to know about various credit card rules to protect your rights. The Reserve Bank of India ...
Growth in credit card portfolio tapering down on account of concerns over delinquencies
Credit card portfolio growth slows in FY25 due to lower new accounts, cautious approach, and rising delinquencies.
Moneylife3d
RBI Slaps Rs61.40 lakh penalty on RBL Bank for Not Complying with KYC Rules
Reserve Bank of India (RBI) has imposed a Rs61.40 lakh penalty on RBL Bank Ltd for non-compliance with directions issued by ...
RBI Imposes Monetary Penalty On RBL Bank Limited
The Reserve Bank of India (RBI) has, by an order dated November 19, 2024 imposed a monetary penalty of ?61.40 lakh (Rupees ...
Daijiworld6h
Credit card spending in India crosses Rs 2 lac cr in Oct
As festive season saw robust growth in India across all parameters, credit card spending crossed Rs 2 lakh crore in October, a 14.5 per cent rise from September. According to latest data by the ...