News ₹500–600cr in MDR subsidies not being paid to payment companies: Report The Business Standard reports that banks are not paying payment companies their due of government-subsidized Merchant Discount Rate revenue (MDR). The report cites multiple banks... Aroon DeepJune 29, 2018
News India had 37.78M credit cards, 906M debit cards in April 2018 In April 2018, the number of debit cards increased to 906 million, with 45.3 million new cardholders, while a total of 37.78 million credit... Sandeep VermaJune 26, 2018
News India had 37.48M credit cards, 861M debit cards in March 2018 In March 2018, the number of debit cards increased to 861 million, with 5.6 million new cardholders, while a total of 37.48 million credit... Sandeep VermaMay 10, 2018
News India had 36.9M credit cards, 855.4M debit cards in February 2018 In February 2018, the number of debit cards increased to 855.4 million, with 8.7 million new cardholders, while a total of 36.94 million credit... Sandeep VermaApril 13, 2018
News India had 36.2M credit cards, 846.7M debit cards in January 2018 In January 2018, the number of debit cards increased to 846.7 million, with 4.23 million new cardholders, while a total of 36.24 million credit... Sandeep VermaMarch 14, 2018
News PNB data breach; 10,000 credit and debit cards and associated details affected: Report It turns out that Punjab National Bank (PNB), which is currently reeling under the Nirav Modi fraud case, had also suffered a data breach,... Riddhi MukherjeeFebruary 22, 2018
News India had 35.5M credit cards, 842.47M debit cards in December 2017 In December 2017, the number of debit cards increased to 842.47 million, with 9.58 million new cardholders, while a total of 35.5 million credit... Sandeep VermaFebruary 13, 2018
News A year after demonetization, debit and credit card usage plateaued In November 2017, the number of debit cards in India increased to 832.9 million with 6.59 million new cardholders, while a total of 34.78... Sandeep VermaJanuary 17, 2018
News India had 33.87M credit cards, 826.3M debit cards in October 2017 In October 2017, Debit cards increased to 826.3 million with 6.54 million new cardholders, while a total of 33.87 million credit cards were in... Sandeep VermaDecember 21, 2017
News India had 33.34M credit cards, 819.8M debit cards in September 2017 In September 2017, Debit cards increased to 819.8 million with 8.9 million new cardholders, while a total of 33.34 million credit cards were in... Sandeep VermaDecember 8, 2017