Rewards rate 4x Membership Rewards Points at restaurants worldwide (on up to $50,000 per calendar year in purchases, then 1x) 4x Membership Rewards points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1x) 3x Membership Rewards points on flights booked directly with airlines or on AmexTravel.com 2x Membership Rewards points […]
The Securities and Exchange Board of India (SEBI) on Friday said it has done away with the requirement of issuing a Letter of Confirmation for credit of securities and will allow direct credit of securities to investors’ demat accounts. In a circular issued on January 30, Sebi said the move is aimed at simplifying and […]
A personal line of credit is a flexible borrowing tool that gives you a set credit limit you can draw from when you need it. It’s useful when expenses are irregular or hard to predict, like ongoing home repairs or inconsistent freelance income. But that flexibility cuts both ways. “Personal lines of credit typically carry […]
TVS Credit Services has reported a registered Profit after Tax(PAT) of ₹272 crore for the quarter ending December 2025, a 13 per cent growth compared to the same quarter last year. Total Income for Q3 FY26 was ₹1,870 crore, a 9 per cent growth compared to Q3 FY25. For the first nine months of FY26, the PAT grew by 22 […]
Capital One Financial Corp. (NYSE:COF) CEO Richard Fairbank issued a stark warning about the potential consequences of President Donald Trump’s proposed 10% cap on credit card interest rates, saying the move could severely restrict consumer access to credit and destabilize the broader economy. During the company’s fourth-quarter earnings call on Thursday, Fairbank argued that “putting […]
Real estate experts have suggested that Budget 2026 introduce a housing credit passport, a consent-based digital snapshot of a home loan borrower’s financial profile. They say it could significantly cut loan approval timelines and improve ease of doing business in the housing sector Real estate experts have suggested that Budget 2026 introduce a housing credit […]
Planning to buy a house in 2026? Before finalising an apartment purchase, ensure your credit profile is healthy and, ideally, that previous loans have been fully paid off to improve your chances of securing a lower rate. Planning to buy a home in 2026? Keep your credit score above 750 to secure the best loan […]
India’s co-branded credit cards proposition may appear straightforward at first glance. Take a popular consumer brand, attach it to a bank-issued credit card, add cashbacks or reward points, and call it loyalty. In reality, it is far more complex. Banks and co-brand partners, in search of new users and sustained engagement, are attempting to accelerate […]
The UK government’s £1.5-billion loan guarantee to help Jaguar Land Rover after a major cyberattack falls outside the “normal underwriting criteria”, the Financial Times reported on Monday. The JLR cyberattack cost the British economy an estimated £1.9 billion and affected more than 5,000 suppliers. (Bloomberg) In a 25 September letter seen by FT, UK Export […]
A spate of billion-dollar deals—including those involving Yes Bank Ltd. and RBL Bank Ltd.—have thrust India’s financial sector into the global spotlight, when credit worries at US regional banks have rattled investors globally. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) Over the […]