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Credit cards
The Payroll Trojan Horse: Inside Bandhan Bank’s 1-Lakh Credit Card Gambit
In a decisive step toward completing its transformation from a microfinance-heavy institution into a full-service universal private lender, Bandhan Bank Limited has announced an aggressive expansion of its proprietary credit card business.
Bandhan Bank’s Credit-Card Bet: Timely Strategic Pivot or High-Risk Detour?
Bandhan Bank's stock jumped 4.5% following its four-tier credit card rollout with Mastercard. While the move accelerates diversification away from microfinance, fierce oligopoly competition and unsecured credit costs loom large.
ESAF Small Finance Bank Partners with Euronet to Launch Credit Line on UPI by Q1 FY28
When a regional small finance bank replaces physical credit card infrastructure with instant credit lines over UPI rails, digital retail lending leaps from metro plastic to Bharat's QR codes.
SBI Cards tops May acquisition race as Indian credit card issuance hits 120 Cr milestone
The RBI's latest data shows a widening gap: banks are issuing cards 34% faster year-on-year, but spending growth has slowed to just 6.3%, signalling a potential shift in consumer borrowing behaviour.
Karur Vysya Bank pivots to growth after decade of balance-sheet cleanup
The mid-sized private lender is expanding into corporate lending, affordable housing, credit cards, and microfinance partnerships to lift yields after years of de-risking.
Federal Bank to acquire 4.5 lakh credit cards from Standard Chartered India
The deal transfers standalone credit card customers who lack broader banking relationships with Standard Chartered. Both banks will complete the transaction through a deed of assignment subject to regulatory approvals.
IndusInd Bank under probe after alleged recovery agent assault on borrower
Two separate FIRs have been filed following an altercation between the bank's recovery agents and a borrower over unpaid credit card dues. Law enforcement authorities have summoned bank officials.
SBI Card shifts all CPP customers to updated plan variants automatically
The lender has begun migrating existing Credit Card Protection Plan holders to new variants offering enhanced fraud protection and expanded insurance covers, with no action required unless customers opt out.
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