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The RBI had imposed these bans after observing that not all payments companies were storing data in India.
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The RBI had imposed these bans after observing that not all payments companies were storing data in India.
Despite the 8 month embargo by India's central bank, HDFC remains the country's largest credit card issuer.
The stack will provide a digital user interface, push alerts for in-app transactions, and more.
In June 2021, Rs 51,126 crore was transacted using debit cards, and yet credit card transaction amounts were higher than debit card transaction amounts....
Fintech payments startup Slice raised $22.6 million or Rs 165 crore in debt funding from 18 financial institutions in the last financial year. The...
Banks issued 4.3 million new credit cards and 69.6 million debit cards between April 2020 and March 2021, according to data from the Reserve...
Banks issued 4.4 million new credit card and 71 million debit cards between March 2020 and February 2021, according to data from the Reserve...
Punjab National Bank (PNB) has created a separate credit card subsidiary called PNB Cards and Services Ltd. The new entity will provide “non-financial support...
Despite a revival in economic activity in the last few months, defaults in credit cards have been inching upwards and are expected to grow...
Sensitive details belonging to 7 million debit and credit cardholders are available on a public Google Drive document that has been circulating on the...
