Citi To Exit Consumer Banking Business In India

The bank has 35 branches in the country and employs approximately 4,000 people in the consumer banking business.

Quality FinTech Is Yet To Be Felt In India

A payee has to be first registered with the bank before fund transfer, and that is a time-consuming process and speed being a key element in higher GDP growth rate, we have to do away with hurdles like these.

Credit’s Biggest Opportunity Lies in Providing Solutions for GenZ: Rajan Bajaj, CEO & Founder, Slice

Founded in 2016, Slice is a payment and credit start-up for young Indians. ‘Slice Card’, which is an alternative to traditional credit cards, and issued in partnership with Visa, is designed exclusively for customers in the 18 – 30 age group and can be used across 5 million merchants in India, Rajan Bajaj, CEO & Founder, Slice tells Ashish Sinha of BW Businessworld. The primary focus of Slice is on becoming the first card for millions of youngsters in India.

ICICI Bank To Organise 2,000 Loan Camps Across India

The Bank offers instant approvals for loans -- home, personal, two and four-wheeler, and credit cards.

Paisabazaar.com Aims To Issue 3.5 Lakh Credit Cards In The Next 12 Months

India’s largest online marketplace for loans and credit cards Paisabazaar.com Targets 33,000 credit cards in a month by March 2019

Credit Cards: Do You Know Your ‘Interest Free Period’ Can Be Revoked?

Most customers are only aware of the joining and annual fees on their card. Other important charges like finance charges, rewards redemption fee and cash advance charges are usually missed

Credit Card Bill Payment Exempt From Cash Dealing Limit

The Finance Act 2017 banned cash transaction of Rs 2 lakh or above with effect April 1, 2017. However, some exceptions were made.

Govt To Waive Service Tax On Card Transactions Up To Rs 2,000

The government will waive service tax on debit and credit card transactions of up to Rs 2,000 in a bid to promote digital transactions amid cash crunch following withdrawal of old Rs 500 and 1,000 banknotes

Mastercard Sued For $19 Billion In Britain's Biggest Damages Claim

The case brought by a former chief financial services ombudsman alleges the payments company charged unlawfully high fees to stores when shoppers swiped their debit or credit cards and these were passed on to consumers in higher prices

Government To Bear Transaction Cost Of Payments Received Via Cards

In order to promote less cash economy, the government has said it will bear the transaction cost for all payments made to it through debit or credit cards and net banking

Credit Cards – A ‘Debt’ Sentence?

If you can control your spends, use your credit card responsibly, and make your payments well in time - there’s always the associated long term benefit of helping build out your credit score.

Credit Cards - A 'Debt' Sentence?

When you're spending on a card, you really are spending your future cash flows. You really should be saving your future cash flows for your financial goals instead

6 Common Money Mistakes To Avoid

Managing money could be tricky, especially if you have just started earning. Try to control the urge to spend. It often holds the key to avoid money mistakes

Visa To Buy Visa Europe In Deal Worth $23 Billion

Illegal Credit Card Practices: Citi Ordered To Pay $770 Million