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RBI extends deadline for select provisions to implement new card rules

Finance

RBI extends deadline for select provisions to implement new card rules

The Reserve Bank of India (RBI) on Tuesday extended, by three months, the deadline to implement ...

Axis Bank to acquire Citi's consumer business in India for $1.6 bn

Finance

Axis Bank to acquire Citi's consumer business in India for $1.6 bn

Private sector lender Axis Bank is likely to announce on Wednesday a deal to acquire Citibank’s ...

Visa complains to U.S. govt about India backing for local rival RuPay - Reuters exclusive

Economy

Visa complains to U.S. govt about India backing for local rival RuPay - Reuters exclusive

Visa Inc has complained to the U.S. government that India's "informal and formal" promotion of ...

Credit card service startup Hyperface raises funds from Kunal Shah, others

TMT

Credit card service startup Hyperface raises funds from Kunal Shah, others

Cred founder Kunal Shah, Better Capital and GFC (Global Founders Capital), along with early ...

In Charts: What do Indians really use their debit cards for?

General

In Charts: What do Indians really use their debit cards for?

Prime Minister Narendra Modi and the Reserve Bank of India want to make the country a cashless ...

Why the debit card data breach should worry you

General

Why the debit card data breach should worry you

Several Indian financial institutions have, in the past few months, increasingly come under cyber ...