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August 2024 Banking Finance Year 2024 Banking News 

Federal Bank launches RuPay Wave credit card

August 13, 2024 admin 0 Comments credit card, Federal Bank, RuPay Wave

Federal Bank, in collaboration with National Payments Corporation of India (NPCI), has launched RuPay Wave Credit Card to offer customers

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Banking News Uncategorized 

Banks disallow excess funds in credit card A/Cs

October 17, 2023 admin 0 Comments banks, credit card, disallow, Indian Banks, SBI CARD

Indian banks are no longer allowing credit card users to pay more than their outstanding amount. And in the cases

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Banking News 

Credit card defaults hit Rs. 4,072 crore in FY23

September 23, 2023 admin 0 Comments Bhagwat Karad, commercial banks, credit card, GNPAs in credit cards, rbi

Credit card default rose to Rs 4,072 crore or 1.94 per cent at the end of March 2023, Parliament was

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Industry News 

Credit card dues cross Rs. 2 lakh crore

September 15, 2023 admin 0 Comments balance sheet growth, credit card, credit card dues, credit card outstanding, unsecured bank credit

At nearly 30%, credit card dues have grown twice as fast as overall bank loans in a year. For the

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Banking News 

Credit card spend in forex to come under LRS, and taxed 20%

July 31, 2023 admin 0 Comments credit card, Foreign Exchange Management, Forex, Liberalised Remittance Scheme (LRS), Tax Collected at Source (TCS)

The Central Government, in consultation with the Reserve Bank of India, in a notification amended rules under the Foreign Exchange

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Banking News 

DBS Bank India to launch credit card by June

June 13, 2023 admin 0 Comments Bajaj Finserv DBS Bank SuperCard, credit card, DBS Bank India Limited, unsecured debt market

DBS Bank India Limited, a hundred percent subsidiary of Singapore headquartered DBS Bank, will by June this year roll out

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RBI NEWS 

Credit card spends in January 23 at over Rs. 1 lakh crore

April 11, 2023 admin 0 Comments credit card, E-COMMERCE TRANSACTION, ONLINE TRANSACTION, PRIVATE SECTOR LENDER

Credit card spends were above the Rs. 1-lakh crore mark for the 11 th consecutive month in January, touching Dr.

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Banking News 

Credit card count dips by 23L on RBI rule

November 29, 2022 admin 0 Comments credit card, dips, rbi, rule

The total number of credit cards declined by 22.6 lakh on a net basis in August this year to 7.8

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Banking News 

Contactles credit card

November 22, 2022 admin 0 Comments Contactles, credit card

BOB Financial Solutions and Snapdeal in partnership with National Payments Corporation of India (NPCI) and JCB International Co. have announced

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Banking News 

Kisan Credit Card lending to be digitized

November 22, 2022 admin 0 Comments credit card, digitized, Kisan, lending

The Reserve Bank of India said it would take up a pilot project for end-to-end digitization of Kisan Credit Card

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Banking Finance Journal

Recent Posts

  • How Corporate Governance and Risk Management Work Together
  • Introduction to Enterprise Risk Management (ERM) in the Public and Nonprofit Sectors
  • Emerging Risks in 2025: What Corporate Leaders Must Prepare For
  • Applying SWOT in Risk Planning – A Forward-Looking Framework for Uncertainty Management
  • Using PESTLE Analysis for Strategic Risk Assessment – A Boardroom Approach to Macro Risk

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