Axis Bank, India's third largest private Bank, today announced the launch of its third season the Shopaholics Online Festival. The bank has tied up with 52 reputed online merchants across 8 different categories, to offer online flash sale ... Businessworld India, 16 hours ago
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With credit growth at a four-year low, banks are announcing a slew of offers to woo customers this festive season. These offers aren't restricted to lower interest rates for retail loans — while some are offering online shoppers extra card points ...Business Standard India, 1 week ago Banks dole out festive offers to attract customers Smart Investor, 1 week ago Banks dole out festive offers Sify, 1 week ago
The Reserve Bank of India's (RBI) directive on foreign settlement of online transactions using credit cards may end up having an unsettling effect on global technology companies in the country which enable this service. Payment companies, which are ...Financial Express, 1 week ago
Following RBI guidelines on reducing the number of free transactions on automated teller machines (ATMs), bankers are nudging customers in metros to use alternative electronic means of transactions to keep costs in check. The RBI has allowed ...Financial Express, 2 weeks ago
A sharp increase in use of smartphones has led to a sudden surge in mobile banking transactions — almost four times in a year in value terms. Leading the pack is ICICI Bank, the country's largest private-sector lender, which has reported a ...Business Standard India, 3 weeks ago
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Jab ghar me pada hai sona, tab kahe ko rona (If you have gold at home, why do you have to worry)? is a jingle that Bollywood actor Akshay Kumar is heard singing in one of a television commercials by a non-banking finance company (NBFC). Its message ...Livemint.com, 4 weeks ago
KOCHI: Kerala-based finance companies are expected to continue dominating the Rs 1.25 lakh crore gold loan market, staving off competition from commercial banks even though the Reserve Bank of India (RBI) relaxed rules for the latter last month. ...New Indian Express, 4 weeks ago
As per CBRE India, housing shortage for the economically weaker sections is about 11 million homes. Photo: Pradeep Gaur/Mint Bangalore/Mumbai: In June, Mahindra Lifespace Developers Ltd , part of the Mahindra Group , announced plans to build ...Livemint.com, 1 month ago
Net interest income, or the money the bank earns from giving loans, increased 15% to Rs. 3,310 crore. Photo: Abhijit Bhatlekar/Mint Mumbai: Axis Bank Ltd 's fiscal first-quarter profit rose 18%, as the lender set aside less money to cover bad ...Livemint.com, 1 month ago
BANGALORE: A sharp jump in the credit card spending in the past one year indicates consumers have started buying more goods and services, which is perhaps an early sign of revival in Asia's third-largest economy. Even the loans for the banking ...Silicon India, 2 months ago
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