Mon, Jan 22, 2024
Credit card use in India has increased many folds in the last decade. Advanced technology, better internet reach, and increased awareness about online lending apps have led to an exponential growth of credit cards in India. But if you fail to pay your credit card bill on time and accumulate debt, your Cibil score will be affected, and you may also fall into the debt trap. Know how you can save yourself from that situation.
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Thu, May 18, 2023
As per the notification, the Finance Ministry in consultation with the RBI, has omitted Rule 7 of the Foreign Exchange Management (Current Account Transactions) Rules, 2000, thus effectively including forex spending through international credit cards under the LRS.
Mon, Jan 22, 2018
The demonetisation move which was announced on November 08, 2016, has resulted in massive in digital platforms like debit card and credit card transaction.
Mon, Dec 18, 2017
If you don't have suitable amount to fund this vacation trip, you need not worry. There are variety of options which you can utilise to fund your trip without hampering your daily budget.
Fri, Apr 21, 2017
As per LocalCircles survey, from April 13 - April 16, nearly 46% of Indian citizens could not find ATMs dispensing cash. In the first week of April 2017, about 36% of citizen has reported the similar problem.
Wed, Apr 19, 2017
Vivek Kaul, author of Easy Money trilogy said, "There is a seasonality factor as well. March is the last month of the financial year and digital payments seem to go up during the course of the month, as people pay their taxes (advance income tax and service tax) as well as settle business payments between them."
Fri, Mar 31, 2017
Currency in circulation as on March 24, 2017, was Rs 13.12 lakh crore, Rs 4.85 lakh crore less from total currency of Rs 17.97 lakh crore which stood at pre-demonetisation level.
Tue, Feb 21, 2017
Suvodeep Rakshit, Upasna Bhardwaj and Madhavi Arora analysts at Kotak Institutional Equities said, “After the initial surge in the volume of electronic payments in November-December, the trend seems to be normalising in January and February.”
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