Year after demonetisation: Credit card usage up, outstanding payments zoom 39 per cent
Business | Nov 03, 2017, 02:07 PM ISTOutstanding credit card dues rose 77.4 per cent in the past two years, RBI data revealed.
Outstanding credit card dues rose 77.4 per cent in the past two years, RBI data revealed.
the government has asked banks to report deposits in any account aggregating Rs 10 lakh in a year, as well as cash payments of Rs 1 lakh or more on credit card bills.
Petrol pump owners tonight deferred till January 13 their decision to not accept credit and debit card payments for fuel sales after banks put off the move to levy the transaction (MDR) charge.
Mumbai: RBI today asked banks to upgrade all ATMs by September 2017 with additional safety measures to prevent skimming and cloning of debit and credit cards. The Reserve Bank noted that while the POS terminal
Nine reasons why India's rising credit card debts should worry you
Gurgaon: Low cost airline SpiceJet today announced the launch of ‘Book Now, Pay Later', a convenient Equated Monthly Installment (EMI) scheme for fliers. This offer allows passengers to save significantly (up to 70% interest cost
New Delhi: ICICI Bank on Wednesday launched the country's first contactless debit and credit cards that use the near-field communication technology, enabling one to make payments by just waving the card near merchant terminals instead
New Delhi: Of the 369 million debit and credit cards in the country, only 10 to 15 percent are used for online transactions, the Reserve Bank said.India is one of the fastest-growing countries in the
Lucknow, July 2: Lucknow police on Monday arrested three persons, Balkrishna, Aashish and Jaivardhan on charge of cloning ATM and credit cards, and siphoning off huge amounts from accounts of unknown depositors. One laptop and
New Delhi, Mar 8: The Reserve Bank of India has issued new norms for credit and debit card transactions to prevent misuse of such cards by fraudsters.In is circular dated February 28, named “Security and
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