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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...
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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...
Several of the top payment companies have launched virtual and physical credit card products in the last few months in a bid to grab...
RBL Bank expects to see further defaults in its credit card business in the months to come. At the end of September 2020, 9.4%...
Mastercard Inc. reported a 30% YoY drop in profits and a 14% YoY fall in revenues for Q3 as cross-border transactions on the card...
Similar to its global counter-part Mastercard, Visa Inc. reported a 17% YoY drop in revenues and a 30% YoY drop in profits for Q4...
SBI Cards and Payment Services Ltd reported a rise in loan defaults from its credit card customers during the second quarter of the financial...
In June 2020, the number of debit cards stood at 845.4 million, increasing by 10.1 million cards over May 2020. A total of 57.3...
