Credit card delinquencies rise even as retail credit growth moderates

Balance-level delinquencies in the credit card segment saw a 17 basis points (bps) year-on-year (Y-o-Y) rise in the quarter ending June 2024 (Q1FY25). Illustration: Dominic Xavier/Rediff.com In......

Credit card spends rise 14.5% in October on festive season purchases

Credit card spending reached Rs 2 trillion in October, a 14.5 per cent rise from September, largely driven by festival season purchases. Illustration: Uttam Ghosh/Rediff.com However, the volume of......

Credit Card Payments Will Be Blocked On Apps

Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others. IMAGE: Kindly note the image has been posted only for representational purposes. Photograph:......

Credit cards get a festive boost, spending increases 25% in Sep

Credit card spending in September recorded strong growth of 25 per cent year-on-year (Y-o-Y), marking the highest increase in six months. Even as many banks saw higher slippages during the......

Record 500 million ticket demand for 2026 WC

IMAGE: The official ball of the 2026 FIFA World Cup named ‘Trionda’. Photograph: Luis Corte/Reuters FIFA said on Tuesday it received more than 500 million ticket requests for the 2026 World......