Tag: credit cards

Buy now pay later, credit card spending reducing savings of youth: RBI Deputy Governor
Posted in Economy

Buy now pay later, credit card spending reducing savings of youth: RBI Deputy Governor

The “buy now, pay later” (BNPL) schemes and the credit card spending facilitate immediate consumption and reduce the savings of the younger generations, said Michael…

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The new Foreign Exchange Management (Current Account Transactions) Rules, which was notified last month on May 16, deleted a section that exempted credit card payments from the LRS.
Posted in Business

Confusion on LRS tweak days before rollout; junk it: Experts

With the July 1 deadline for its controversial tax on international credit card spends looming, the government is still working on knotty issues to evolve…

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Paytm CEO Vijay Shekhar Sharma launches Paytm SBI Card on RuPay network at an event in Mumbai on Thursday.
Posted in Business

Paytm-SBIPaytm-SBI Card on RuPay to transform non-urban credit consumption?

Paytm announced on Thursday that it has partnered with SBI Card to launch Paytm SBI Card on the RuPay network. The aim of this new…

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credit card payments: Can’t manage your credit card payments? Seek help before it’s too late
Posted in Finance

credit card payments: Can’t manage your credit card payments? Seek help before it’s too late

Arnav Pandya, Founder, Moneyeduschool, says a lot of credit card expenses are on the spot or on the spur of the moment expenses where people…

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Credit cards have these ‘hidden charges’. Check now
Posted in Business

Credit cards have these ‘hidden charges’. Check now

A credit card allows you to buy anything with the option of paying later. It also appears to be very intriguing for the purchase rewards…

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HDFC Credit Card: How to cancel or block your HDFC Credit Card
Posted in Finance

HDFC Credit Card: How to cancel or block your HDFC Credit Card

When you don’t have access to cash right away, using a credit card is a convenient method to make any kind of purchase—from groceries to…

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SBI Credit Cards Processing Fee Hike: SBI Cards hikes processing fee on rent payments made via credit card: Check charges of other credit cards
Posted in Finance

SBI Credit Cards Processing Fee Hike: SBI Cards hikes processing fee on rent payments made via credit card: Check charges of other credit cards

SBI Cards customers who pay their rent via credit card would be charged Rs 199 + applicable taxes, up from Rs 99 + applicable taxes,…

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