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News

@bsindia
business-standard.com-standard.com

New credit card offers 7.5% cashback on DMart, Blinkit, Zepto, BigBasket

3+ day, 3+ hour ago   (364+ words) Business Standard If a large part of your monthly household budget goes towards groceries, a new credit card launched by Federal Bank and Paisabazaar could help you earn more cashback on one of the most frequent expenses The Federal Bank…...

@bsindia
business-standard.com-standard.com

Run a biz? Amazon Pay-Kotak's new card offers 5% cashback and 48-Day credit

2+ day, 21+ hour ago   (469+ words) 5% Cashback, No Cost EMI, 48-Day Credit: Amazon Pay-Kotak Launch Business Card...

@bsindia
business-standard.com-standard.com

73% of aspirational credit comes from rural, semi-urban India: Report

3+ day, 46+ min ago   (481+ words) Gen Z, informal workers and micro ventures are becoming increasingly important to lenders...

@bsindia
business-standard.com-standard.com

How Gen Z Is Changing India's Credit Landscape

5+ day, 19+ hour ago   (391+ words) As instant gratification becomes the norm, AI is helping lenders keep pace with a generation that expects credit to work like everything else in its digital life—quickly, seamlessly and at the moment of need. By Rajit Bhattacharya, Co-founder and…...

@bsindia
business-standard.com-standard.com

India's card use set for steady growth on convenience, inclusion: Report

1+ week, 1+ day ago   (243+ words) India's card payments are set for steady growth as financial inclusion, rising incomes and easier access drive electronic transactions, while rewards and instalment options boost credit card use By Siddhi Nayak Card payments in India are poised for steady growth…...

@bsindia
business-standard.com-standard.com

Credit card industry sees revolving balances moderate, says Axis Bank

1+ week, 2+ day ago   (360+ words) Axis Bank says greater repayment awareness and digital reminders are reducing revolving balances, while card spending and EMI conversions continue to support growth India’s credit card industry is undergoing both a change in consumer behaviour and a cyclical adjustment,…...

@bsindia
business-standard.com-standard.com

Strong and diverse credit system is essential for India, says RBI Deputy Governor

1+ week, 2+ day ago   (154+ words) Business Standard Shirish Chandra Murmu, Deputy Governor of the Reserve Bank of India has noted that a strong and diverse credit system is essential for India as our financial sector is changing fast, driven by technology, new customer expectations, and…...

@bsindia
business-standard.com-standard.com

American Express card changes: 2 services to go, rewards also revised

1+ week, 2+ day ago   (344+ words) Changes matter to frequent travellers and customers who use Amex for milestone-based rewards and premium benefits American Express is revising its card benefits and support services in India, introducing changes to milestone rewards and withdrawing long-standing perks like emergency card…...

@bsindia
business-standard.com-standard.com

India's credit footprint expands as new states emerge as growth centres | Finance News

3+ week, 1+ day ago   (189+ words) Credit growth is shifting from traditional strongholds such as Tamil Nadu and Maharashtra towards Uttar Pradesh, Bihar and Madhya Pradesh, but penetration still trails developed markets Nearly three-fourths of India’s population has accessed credit at least once, with early…...

@bsindia
business-standard.com-standard.com

Vehicle loans soar, but half the borrowers have ₹60 lakh+ debt exposure

3+ week, 3+ day ago   (446+ words) Business Standard...