New Delhi: The move is aimed at transforming the credit market by enabling "new to credit" users to join the digital economy, the company said. "In our country, credit cards are still considered a product for the affluent sections of the society and not everyone can avail of its benefits....
SBI Card gives customers added reason to celebrate with its festive offers for 2020
Wide range of 1000+ offers across 2000 cities to create customer delightExclusive credit card partner for Flipkart`s ‘The Big Billion Days’ shopping festival in Oct’20300+ National offers; 700+ Regional & Hyperlocal offers; 900+ offers in storeCustomers can avail EMI facility at 84500 merchants & 1.3 Lakh+ stores Meerut: SBI Card,...
Axis Bank launches ACE Credit Card
Kolkata: With consumer preference for digital payments growing steadily over the last several years, Axis Bank, in collaboration with Google Pay and Visa, today launched the ACE Credit Card. The card is designed for the growing base of users keen to participate in the digital economy. Payments for essential use...
New security norms for credit, debit cards puts several in fix
New Delhi: The reason for such instances, industry insiders pointed out, was due to non-compliance of the guidelines which came into force on Thursday. Accordingly, these guidlines were implemented from October 1. The norms mandated an online consent from customers, whose cards had never been used to make online or...
RBL Bank revamps ‘RBL MyCard’ credit card app
New Delhi: In the wake of the current pandemic, RBL Bank has reinforced its new-age banking services to offer contactless facilities. With this, RBL Bank customers can fulfil all their banking needs without physical contact and from the safety of their homes and offices. As part of its continuous thrust...
SBI Cards and Payment Services Ltd Q4 FY2020 net profit slides to Rs. 83.54 crore
SBI Cards and Payment Services Ltd has reported financial results for the period ended March 31, 2020. The company has reported total income of Rs.2510.39 crores during the period ended March 31, 2020 as compared to Rs.2563.20 crores during the period ended December 31, 2019. The company has posted net...
SBI Cards shares fell more than 10% on the first day of trading
New Delhi: Investors of SBI Card IPO have received a major setback on Monday due to fears of worldwide corona virus cases. Its listing was at Rs 658 with a 13% discount and it could not touch its allocation price of Rs 755 even in day trading. The company's stock...
SBI card IPO listing tomorrow in high volatile market
New Delhi: SBI Card's IPO will be listed on the stock market on Monday amid high volatility in the stock market. The IPO opened for subscription on 2-5 March. The IPO of SBI Cards received a strong response in the stock market. The IPO received 26 times more bids. According...
Planning to take a loan on credit card?
New Delhi:Loans against credit cards aren’t an uncommon phenomenon, as most banks are now offering cardholders loans against credit cards at varying interest rates. Card-holders using a credit card can easily apply for an instant loan against their credit cards. These loans are quite similar to personal loans. However, know...
Credit, debit cards’ online use facility to be disabled by March 16, if…
New Delhi: If you have not done online or contactless transactions by 16 March 2020 by credit and debit card then this facility will stop. To continue this facility, it is necessary that every debit and credit card must be made online and contactless transactions at least once before March...