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Most people in the scam are below 30 years of age and target fresh graduates.

Hyderabad: Bizman Loses Rs 1L in Credit Card Reward Scam

Cybercriminals are increasingly targeting individuals by sending fraudulent APK files, SMSes, and WhatsApp messages,...

29 March 2025 2:49 PM

Credit Card Spends Accelerated in Dec on Wedding, Festive End Season

Credit Card Spends Accelerated in Dec on Wedding, Festive End Season

MUMBAI: The onset of the wedding season and year-end spends led to a 14 per cent rise in credit card spends in value...

21 Jan 2025 5:30 PM

Bobcard CEO Discusses Credit Card Trends and Future Listing Plans

Bobcard CEO Discusses Credit Card Trends and Future Listing Plans

Ravindra Rai is managing director and chief executive officer at BOBCARD LIMITED (a credit card subsidiary of Bank of...

13 Jan 2025 2:56 PM

This can be used like an ATM card too. (For representation only)

Your credit card defaults may pinch much more

Mumbai: The next time you miss credit card payments, you may be hit by much higher interest charges and late...

22 Dec 2024 3:58 PM

Credit Card Spends Rise Again in October

Credit Card Spends Rise Again in October

Mumbai: Fueled by deals offered during the festive season, credit card spends have risen in the last two months. The...

26 Nov 2024 4:28 PM

UPI’s Gain Is Debit Cards Fall

UPI’s Gain Is Debit Cards Fall

Mumbai: With changing consumer preferences shifting towards the use of credit cards and UPI, debit Cards as a payment...

2 Oct 2024 5:45 PM

Credit Card Additions Slow As Banks Exercise Caution

Credit Card Additions Slow As Banks Exercise Caution

Mumbai: Faced with delinquencies in the credit cards business, banks continue to cherry pick customers resulting in a...

1 Oct 2024 4:05 PM

State Consumer Commission order helps credit card holders in getting compensation

State Consumer Commission order helps credit card holders in getting...

Hyderabad: The Telangana State Consumer Disputes Redressal Commission in Hyderabad has ordered ICICI Bank to pay...

25 Sept 2024 5:18 PM

New Credit Card Additions Fall Steeply in June

New Credit Card Additions Fall Steeply in June

Mumbai: The net addition of credit cards by lenders in June 2024 was at the slowest pace since October 2022. Players...

1 Aug 2024 3:15 PM

RBI Bars Kotak Bank From Issuing New Credit Cards, Onboarding Customers via Online Banking Channel

RBI Bars Kotak Bank From Issuing New Credit Cards, Onboarding...

Mumbai: The Reserve Bank of India (RBI) on Wednesday barred private lender Kotak Mahindra Bank from onboarding new...

24 April 2024 10:53 AM

RBI Asks Credit Card Issuers to Monitor End Use of Funds

RBI Asks Credit Card Issuers to Monitor End Use of Funds

Mumbai: The Reserve Bank of India (RBI) on Thursday asked card issuers to put in place an effective mechanism to monitor...

7 March 2024 4:32 PM

Give Customers Choice to Select Credit Card Network: RBI

Give Customers Choice to Select Credit Card Network: RBI

Mumbai: Soon, you will now be able to choose from multiple card networks at the time of being issued a card. The Reserve...

6 March 2024 2:53 PM