Credit Cards

Wednesday, Apr 17, 2024 | Last Update : 02:25 AM IST

The cause was identified to be a delay in a software update by the vendor who developed the payment system which was configured to end on January 1, 2020. (Photo: ANI)

Y2K-type bug causing credit card rejection

The glitch was causing parking meters in the city to reject credit cards and prepaid parking cards.

06 Jan 2020 8:14 AM

The largest private sector lender said the quality of its credit card portfolio is not yet affected by the broader economic realities and the stressed part is half that of the industry average.

HDFC bank says no risks to consumption story yet

Consumption story is still on said Parag Rao, the HDFC bank's country head for payment products.

25 Aug 2019 4:35 PM

At present, 28 per cent of its credit card base can be classified as millennials, he said. (Photo: YouTube)

HDFC Bank to offer 2 million credit/debit cards to millennials

The cards, christened Millennia come with a slew of features like a 5 pc cash back on shopping and an 1 pc fuel surcharge waiver.

23 Aug 2019 9:02 AM

The 125 percent risk weight is much higher than what Basel requires us to maintain. It was fixed at a time when credit growth in this segment was excessively high, RBI deputy governor NS Vishwanathan said.

RBI cuts risk weight on consumer loans to 100 per cent

On a review, it has been decided to reduce the risk weight for consumer credit, including personal loans, RBI statement said.

07 Aug 2019 7:35 PM

A cash advance fee is charged for cash transactions like a cash withdrawal from an ATM using the credit card.

Here is how you can use credit card to keep away from additional charges

While some of the charges are compulsory for using a credit card, some charges can be reversed or avoided.

30 Jul 2019 6:05 PM

There are times when you end up spending all your monies in your debit card and empty your salary account.

Why you should not use credit card for cash withdrawal

You will end up paying hefty cash withdrawal fee and advance payment charges.

15 Jan 2019 12:00 PM

HDFC Bank on Wednesday said it is adopting 30 villages and donating Rs 10 crore for relief efforts in flood-hit Kerala. (Photo: PTI)

Kerala floods: HDFC Bank to adopt 30 villages, donate Rs 10 crore

It also announced a waiver in late payment fees on monthly loan installments and credit cards for August to its customers in Kerala.

29 Aug 2018 3:36 PM

The launch of India Post Payments Bank (IPPB) is being rescheduled in the wake of seven-day national mourning to pay homage to former Prime Minister Atal Bihari Vajpayee, an official source said.

India Post Payments Bank launch deferred due to Vajpayee's demise

Prime Minister Narendra Modi was to launch IPPB on August 21.

17 Aug 2018 3:49 PM

PayPal, a global technology platform and digital payments leader, has announced its strategic partnership with and HDFC Bank to offer safer, faster and convenient payment experiences for the bank's card holders. (Photo: Youtube)

PayPal, HDFC Bank partner to offer seamless payment experiences

This agreement will take effect immediately, with new experiences available to customers.

09 Aug 2018 2:13 PM

Govt does not consider cryptocurrencies legal tender or coin and will take all measures to eliminate use of these crypto-assets.

Citi India bans use of debit, credit cards to buy bitcoins

RBI clarified that it has not given any licence to any entity to operate such schemes or deal with bitcoin.

13 Feb 2018 3:34 PM

In 2013, he started tele-calling for selling health insurance via his own web-portal. (Representational image)

Man arrested for selling credit card information

The accused then disclosed that he was running a call centre to gain access to their credit card details.

15 Apr 2017 3:12 AM

There was high drama on Sunday after petrol pump owners threatened to stop accepting credit and debit card payments in protest against imposition of up to one per cent transaction fee by certain banks. (Photo: File)

No surcharge on card payments at petrol pumps even after Jan 13

On Sunday night, Petroleum Minister Dharmendra Pradhan had said that such payments would be accepted without surcharge till January 13.

09 Jan 2017 2:37 PM

Inventors David Taylor and George French have secured a patent for the technology that was inspired by the concept behind the design of Nazi military coding machines such as Enigma.

Nazi Enigma technology may make bank cards ultra secure

New cards will include a device that generates new numbers for transactions, replacing existing three-digit CVV security number.

02 Jan 2017 6:42 AM

No service tax on debit, credit card payments up to Rs 2000

Move likely to give an option to go cashless to cash-starved populace clamouring for more money in hand.

08 Dec 2016 12:22 PM

Banks give cold shoulder to Rupay, an affordable Indian alternative to Visa and MasterCard.

Banks ignore RuPay, hit PM’s digital plan

Issue foreign cards by default; traders stick to cash.

06 Dec 2016 2:10 AM

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Skand Tayal

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