Awareness about need to have good credit record prompts users to pay on time.
Despite sluggish credit growth, most banks are cautious about growing their unsecured loan portfolio.
Tigerair has announced few free tickets for Singapore flights
'But we are much better than what we all had expected and planned, and what all the prophets of doom had predicted.'
Fraudsters duplicate SIM cards to hack into bank accounts.
The non-watchlist stress emanated from over five year-old loans in the iron and steel, infrastructure and construction sectors.
Bankers say loan demand was more muted this festival season than last year.
Banks cut interest rates, processing fees; offer discounts for online shoppers.
In April, RBI had to issue a warning about a mobile application.
Banks are pushing into credit cards and personal loans, using blanket advertising, cold call campaigns and even sending employees to malls to lure customers.
There will be an automatic reduction in interest rates of all floating rate loans anytime soon.
Car sales dipped by 2.55 per cent in October, as the festival season demand for auto remained in slow lane.
Debit card use at POS terminals increasing at rapid clip, transactions at ATMs declining
The preference for digital banking now cuts across all customer segments.
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