India’s Credit Card Market Set to Double, Reaching 200 Million By FY28-29: PwC Report | Economy News

India Credit Card Market: 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.The report stated that the credit card industry has experienced significant expansion, doubling the number of credit cards issued over the past five years.  This momentum is […]

ABHISEK RAJPUT

September 4, 2024

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New Credit Card Rules On UPI For RuPay Users, Effective From September 1; Check Benefits | Personal Finance News

New Credit Card Rules On UPI: The National Payments Corporation of India (NPCI) has directed all banks issuing RuPay credit cards to make an upgrade in the rewards points, features, and benefits on UPI transactions.  Notably, RuPay credit cardholders will experience an upgrade from today September 1. However, the decision will aim to standardise the […]

ABHISEK RAJPUT

September 1, 2024

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India’s Credit Card Spending Rises 19% To Rs 1.7 Trillion In July 2024 | Economy News

New Delhi: Indian consumers demonstrated a significant increase in their credit card spending in July this year, marking a 19 per cent increase as compared to the same month last year. According to a report released by SBI Securities, the total expenditure by credit card users across the country reached an impressive Rs 1.7 trillion. […]

ABHISEK RAJPUT

August 31, 2024

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How Many Credit Cards Can A Person Possess In India? Check Pros And Cons Of Having Multiple Credit Card | Personal Finance News

New Delhi: With the introduction of credit cards, payments have been made easier. Credit cards have helped people spend more money and have come in handy in emergencies. Now, if you are a credit card user, you may have wondered about the number of credit cards that you can ideally have. Continue reading to know […]

ABHISEK RAJPUT

August 16, 2024

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Credit Card Spendings Via UPI Platform Touch New High –Check List Of Banks Offering Facility | Personal Finance News

Mumbai: The Unified Payments Interface (UPI) platform, a flagship of the Indian Digital Public Infrastructure (DPI) which has gone global, has added another feather to its cap.  According to Dilip Asbe, Managing Director and CEO of the National Payments Corporation of India (NPCI), credit card spendings via UPI has touched Rs 10,000 crore a month. […]

ABHISEK RAJPUT

August 7, 2024

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HDFC, ICICI, IDFC FIRST Bank –New Credit Card, Debit Card Rules That Will Impact Consumers | Personal Finance News

New Delhi: Major private sector lenders ICICI Bank, HDFC Bank and IDFC First Banks have announced revisions to their credit card and debit card rules that the customers should know.  IDFC First Bank Credit Card Rules 2024 The payment due date on your credit card will now be 15 days from the statement generation date as […]

ABHISEK RAJPUT

August 5, 2024

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HDFC Bank Credit Card Rules Changing From Today, 1 August 2024: Check New Payment Fee And Other Details | Personal Finance News

New Delhi: HDFC Bank has made an important announcement relating to its Credit Card, effective from 1st August 2024. HDFC Bank said that it will be making revision to the Credit card charges pertaining to Rental Transactions, Fuel Transactions, Utility Transactions, Educational Transactions, International / Cross Currency Transactions, Rewards Redemption towards Statement Credit, Finance Charges […]

ABHISEK RAJPUT

August 1, 2024

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Citi-Axis Credit Cards Migration Completes Today: What Changes Will Come Into Effect After July 15? | Personal Finance News

New Delhi: The migration of all relationships, including card(s) will be completed by today (15 July 2024), Axis Bank has informed customers. “We will keep you duly informed of any changes to this timeline. Upon completion of the migration, i.e., 15-07-2024 onwards, you can start enjoying the benefits of your new Axis Bank card(s) on […]

ABHISEK RAJPUT

July 15, 2024

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SBI Cards Rule Change From Today: No Reward Points For THESE Transactions, Check Full List | Personal Finance News

New Delhi: SBI Cards has announced that With effect from today (15 July 2024), accrual of Reward Points on government related transactions will be discontinued for certain credit cards.  “Government related transactions shall be identified under Merchant Category Codes (MCC) 9399 and 9311, on best effort basis,” SBI cards has said.   Here is the […]

ABHISEK RAJPUT

July 15, 2024

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HDFC Bank UPI, NEFT, RTGS, ATM Withdrawals To Be Unavailable Today, 13 July–Check Detailed Timings | Personal Finance News

New Delhi: Private sector lender HDFC Bank has announced that it is going to temporarily halt UPI services on July 13 due to migration of its Core Banking System (CBS) to a new engineered platform. “We are conducting a system upgrade at HDFC Bank on Saturday, 13th July 2024, from 3:00 AM to 4:30 PM. […]

ABHISEK RAJPUT

July 13, 2024

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Citibank Online To Be Discontinued From Tomorrow, 12 July For Former Citi Retail Banking Customers | Personal Finance News

New Delhi: Citibank has informed the customers Citibank online will be discontinued from tomorrow, 12 July 2024 for former Citi retail banking customers. “Citibank Online will be discontinued for former Citi retail banking customers from 12th July 2024. Please visit the Axis Bank website from 15th July 2024 onwards for more information for first time […]

ABHISEK RAJPUT

July 11, 2024

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Citibank Credit Cards Migration To Axis Bank: What Changes Will Come Into Effect After July 15 | Personal Finance News

New Delhi: Axis Bank has informed customers that the migration of all relationships, including card(s) will be completed by 15-07-2024. “We will keep you duly informed of any changes to this timeline. Upon completion of the migration, i.e., 15-07-2024 onwards, you can start enjoying the benefits of your new Axis Bank card(s) on your existing […]

ABHISEK RAJPUT

July 10, 2024

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