PayU has announced that it has received the final authorisation from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007, reported NewsVoir. “We are grateful to the RBI for granting us the opportunity to be a responsible contributor to India’s payments ecosystem. As…
A growing number of borrowers are facing loan rejections from major banks such as HDFC Bank, SBI, Kotak Bank among others. This is a consequence of subpar credit scores. As lending institutions tighten lending rules and norms, maintaining a very strong credit profile has become crucial for securing personal loans, credit cards along with other…
We are often advised to build a strong financial foundation, and this foundation relies heavily on comprehensive financial education, which includes understanding saving behaviour, investment habits, and seeking credit at the right time. Yet, we are rarely given clear explanations of what terms like ācreditā and ādebtā truly mean, making them seem intimidating, especially for…
If you already have a credit card and are planning to apply for the second one, you should do a cost-benefit analysis and make sure that the total benefits outweigh costs. Some key factors to keep in mind include card’s annual fee, reward points and its credit limit Credit cards: These are the 5 things…
If you use a digital payment app such as Google Pay, PhonePe, Paytm or Mobikwik and are accustomed to using a credit card at the same time ā it is recommended to link your credit card to one of the UPI apps. This can be done seamlessly through RuPay Credit Card. Almost all banks have…
The travel segment has been growing by leaps and bounds in the last few years. As more and more Indians travel within and outside India, banks have been launching travel-centric credit cards. Kotak Bank is the latest bank to launch a travel-centric card ā the Kotak Solitaire Credit Card. In this article, we will understand…
Losing your HDFC Bank Regalia Credit Card can be an emotionally draining experience for cardholders. Still, with swift action and prompt sharing of information with the concerned authorities potential misuse can be prevented. To meet such emergency situations only, HDFC Bank provides multiple channels for customers to report and share their problems and block lost…
Banks keep reviewing their credit card features and benefits from time to time. Kotak Bank has announced a number of changes to its credit cards. The changes will be effective 1st June 2025. In this article, we will understand all the details of these changes. Increase in interest charges The interest charges on most credit…
A new credit card user is recommended to use the card optimally. This can happen by avoiding to make certain common mistakes which credit card users often make. These include maxing out your card, missing payments, withdrawing cash, paying the minimum due and overlooking other charges. Here we list out the five key mistakes which…
In the ever-evolving economy of India, credit cards have emerged as an essential financial tool. These cards provide rewards, convenience, flexibility etc., to the respective users. This makes them popular among consumers. Still, while using credit cards, it is also important to be aware of the risks associated with exceeding your credit limit. Going āover-limitā…
