4+ hour, 7+ min ago  (706+ words) Step 1: Standardise the Balance First Before any strategy works, the balance has to stop growing. Cut card usage immediately, even if it is temporary. New spending on a card that already has an outstanding balance compounds the problem. The interest…...

5+ mon, 3+ day ago  (313+ words) The report highlighted that since FY19, the share of unsecured lending has remained continuously above 20 per cent, underscoring the build-up of potential credit risk in the banking system. According to the report, the sharp rise in unsecured lending reflects growing risk…...

5+ mon, 3+ week ago  (98+ words) Choosing between a credit card and a debit card depends on your financial goals. While debit cards help you spend only what you have, credit cards offer rewards and flexibility. Understanding the. .. - /Credit Card vs Debit Card Comparison: Benefits, Risks,…...

9+ mon, 2+ week ago  (295+ words) Bharat Pe, India's leading financial services and UPI payments company, on Thursday announced the launch of Unity Bank Bharat Pe Credit Card, in partnership with Unity Small Finance Bank (Unity Bank). According to a company statement, the Card brings industry-first…...

10+ mon, 1+ week ago  (335+ words) The credit growth of banks in India is expected to remain subdued as corporates increasingly turn to non-bank funding sources amid the prevailing low-interest rate environment, according to a report by the State Bank of India (SBI). The report highlights…...

11+ mon, 2+ week ago  (359+ words) India may have come a long way in financial inclusion'think Jan Dhan accounts, Aadhaar, UPI'but for millions of daily wage earners, local moneylenders and shopkeepers remain the go-to for loans. Also Read: Additional EMI vs One-time Prepayment: Have Rs 60 lakh…...