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RBL Bank Q2 net profit down 24% on credit card, MFI exposures stress – Times of India

RBL Bank Q2 net profit down 24% on credit card, MFI exposures stress – Times of India

  • Post author:1m1bchangemakers
  • Post published:October 19, 2024
  • Post category:Business
  • Post comments:0 Comments

MUMBAI: RBL Bank on Saturday reported a 24 per cent decline in net profit in the September quarter to Rs 223 crore on asset quality challenges emanating from credit card…

Continue ReadingRBL Bank Q2 net profit down 24% on credit card, MFI exposures stress – Times of India
Bank loans to NBFCs slow, card & gold continue to surge – Times of India

Bank loans to NBFCs slow, card & gold continue to surge – Times of India

  • Post author:1m1bchangemakers
  • Post published:August 1, 2024
  • Post category:Business
  • Post comments:0 Comments

MUMBAI: The year-on-year growth in bank credit to non-banking finance companies has decreased sharply to 8.5% as of June 2024. However, credit card outstanding and gold jewellery loans continue to…

Continue ReadingBank loans to NBFCs slow, card & gold continue to surge – Times of India
Credit score tips: 7 ways to improve your CIBIL score – Times of India

Credit score tips: 7 ways to improve your CIBIL score – Times of India

  • Post author:1m1bchangemakers
  • Post published:July 10, 2024
  • Post category:Business
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Your CIBIL score plays a critical role in determining whether your credit application gets approved or denied. A high credit score facilitates easier access to credit cards and loans, often…

Continue ReadingCredit score tips: 7 ways to improve your CIBIL score – Times of India
Adani makes credit card foray, ties up with ICICI Bank – Times of India

Adani makes credit card foray, ties up with ICICI Bank – Times of India

  • Post author:1m1bchangemakers
  • Post published:June 4, 2024
  • Post category:Business
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MUMBAI: Adani Group chairman Gautam Adani has introduced a credit card in alliance with ICICI Bank, marking his foray into retail finance. The partnership will take on competitors like Tata,…

Continue ReadingAdani makes credit card foray, ties up with ICICI Bank – Times of India
Card, online frauds surge 5x to Rs 1.5k crore in FY24: RBI – Times of India

Card, online frauds surge 5x to Rs 1.5k crore in FY24: RBI – Times of India

  • Post author:1m1bchangemakers
  • Post published:May 31, 2024
  • Post category:Business
  • Post comments:0 Comments

MUMBAI : Online payments have grown at a fast clip in recent years but frauds in such transactions have grown faster. Credit card and online frauds have increased 425% to…

Continue ReadingCard, online frauds surge 5x to Rs 1.5k crore in FY24: RBI – Times of India

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