HDFC fights for lost ground in credit cards
With RBI lifting restrictions, HDFC Bank vies to catch up with competitors.
credit cards
August 2021
December 2020
April 2020
January 2020
March 2019
August 2012
HDFC Bank's big digital hiccup
The central bank orders the private bank to temporarily stop launches of digital business generating activities as well as sourcing of new credit card customers.
HDFC Bank's Jagdishan faces his first challenge
On the 37th day since taking charge, the RBI diktat—gagging HDFC Bank’s digital initiatives and addition of new credit card customers—is the first big challenge for the bank's new MD & CEO.
Eased liquidity may not have takers
With most industries having made a hard stop, the ‘productive on-lending’ that the RBI envisages may remain a pipe dream.
Delinquencies across retail loans increase: CIBIL
The increase in delinquency rates was not uniform; It was most pronounced for loans against property, home loans, and credit cards. Overall delinquencies improved for auto loans.
‘We are in a market that is on steroids’
From being the exclusive privilege of a few, American Express wants to reposition itself in India as a credit card for the aspiring affluent and tap into the country’s growing consumerism.
Swiping rewards
Credit cards have gone beyond their metallic nomenclature as banks and customers look to cash in on value-added programmes.
