A new type of credit card scam has emerged where callers promise high credit card limits to potential customers but actually offer them much lower limits, which negatively affects their CIBIL score.
These changes come as the bank aims to streamline its charges in line with industry trends and to align with rising operational costs.
The Centre's decision to discontinue the provision of allowing the mention of the Aadhaar enrollment ID instead of the Aadhaar number will come into effect on October 1.
From HDFC Bank to IDFC Bank to RuPay credit cards, there will changes in credit card rules from Sunday (September 1).
Multiple rules are going to be changed from August 1. Let us take a look at what changes are going to be implemented.
In June 2022, the RBI allowed individuals to link their credit cards to UPI, enabling payments by simply scanning QR codes. Here's a look at how the system has expanded since then and who the major beneficiaries are.
There are instances where using a credit card is not feasible, such as obtaining a mortgage, purchasing stocks, or sending money orders. In such cases, transferring money from your credit card to your bank account is an option. However, you may have to pay charges for this.
As May unfolds, several financial changes are on the horizon, impacting mutual fund investors and banking customers alike. While not as transformative as previous months, these changes demand attention and awareness.
Using your card frequently and making full payments on time can result in automatic increases in your credit limit by your bank.
The potential fees and interest charges can range from 1 per cent to 5 per cent of the transferred amount.
Addressing an event at Gujarat's GIFT city, Finance Minister Nirmala Sitharaman said that companies in India will be able to access global funds directly after direct listing of IFSC listings.
A secured credit card is a financial tool that bridges the gap for individuals who might have a limited credit history, past financial setbacks, or irregular incomes. It requires you to provide a fixed deposit as collateral, which serves as a safety net for the credit card issuing bank.
Known as India’s first SuperCard, this Bajaj Finance RBL Bank SuperCard offers 4-in-1 benefits. With interest rates going up to 3.99% per month, it offers reward points for every transaction.
Check this news before taking credit card | Things to know about Credit Card
During FY22, the total number of frauds was 729 and the amount involved was Rs 536.59 crore as against 438 frauds involving Rs 1,985.79 crore in FY21.
Credit, debit or prepaid card users will be able to switch or select their preferred card network in a shift from the current practice, the Reserve Bank of India said in a circular.
Faridabad news: The accused have so far duped nearly 200 people of a total of around Rs 70 lakh across Delhi-NCR, police said.
Google Pay has announced that the feature is now accessible to RuPay credit card holders from Axis Bank, Indian Bank, Bank of Baroda, Canara Bank, HDFC Bank, Punjab National Bank, Kotak Mahindra Bank and Union Bank of India.
The largest group of 23% of respondents in the survey showed to have encountered credit or debit card fraud while 13% indicated fraud by buying, selling, and classified site clients.
Customers no longer need to carry their credit cards with them when making transactions, thanks to the integration of RuPay credit cards with UPI.
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