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Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
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Banks Can Charge Over 30% Interest On Credit Card Dues: Supreme Court
Banks can charge over 30 per cent on credit card dues from customers after the Supreme Court set aside a sixteen-year-old National Consumer Disputes Redressal Commission verdict.
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Banks Can Charge Over 30% Interest On Credit Card Dues: Supreme Court
Banks can charge over 30 per cent on credit card dues from customers after the Supreme Court set aside a sixteen-year-old National Consumer Disputes Redressal Commission verdict, which held charging excessive interest rates.
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Experts Warn Of Gen Z's Growing Debt Crisis As Cost Of Living Surges: Report
Gen Z, the generation born between 1997 and 2012, is accumulating debt faster than any other age group, largely due to rising living costs and the lingering effects of the COVID-19 pandemic.
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Crypto Lender BlockFi Attracts Bid from Curve On Over 87,000 Suspended Card Holders
Curve payments company is looking to purchase over than 87,000 credit card customers from BlockFi crypto lender whose credit cards have been suspended this November. If Curve’s acquisition deal comes through, it will continue to allow users to earn crypto awards. The company has also said that the users will not be ported to yet another centrally...
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RBI Bars Fintech Companies From Loading Cards Using Credit Lines: 10 Points to Understand the Move
The Reserve Bank of India (RBI) has issued a notice to all non-bank entities offering payment instruments to restrict them from loading instruments including prepaid cards using credit lines. Fintech companies are currently assessing the situation.
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Apple Stops Accepting Debit, Credit Cards for Subscriptions, App Purchases in India
Apple has stopped accepting card payments for subscriptions and app purchases using Apple ID in India and is giving UPI and netbanking as two payment options.
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Twitch Says Breach Due to Server Configuration Change, User Logins and Payment Information Not Exposed
Twitch has released an update on its site claiming that the breach was due to a change in server configuration. The company says that Twitch does not store full credit card numbers, therefore sensitive payment information was not exposed. It adds, “We have no indication that login credentials have been exposed. We are continuing to investigate....
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Mi 11 Ultra Limited Quantity Sale Kicks Off From July 7 at 12 Noon
Mi 11 Ultra limited quantity sale will start on July 7 at 12pm (noon), Global VP of Xiaomi Manu Kumar Jain has announced on Twitter. The phone was launched in India in April and due to “circumstances beyond our [Xiaomi’s] control,” there was a delay in shipments of the phone and thus there was no sale date.
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Railyatri Security Flaw Could Have Exposed Debit Cards, UPI Data of 7 Lakh Passengers: Report
RailYatri was reportedly left exposed due to inadequate security measures, that could have compromised the data of lakhs of users. Due to an unsecured server, the ticket-booking platform accidentally exposed personal information of over 7 lakh passengers. This includes full names, phone numbers, addresses, email IDs, ticket booking details, and par...
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EasyJet Hit by Cyber Attack, Hackers Access 9 Million Customers' Details
The airline, which has grounded most of its flights due to the COVID-19 pandemic and is locked in a long-running battle with its founder and biggest shareholder, said it did not look like any personal information had been misused.
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Redmi Note 9 Pro Next Sale on May 6 via Amazon, Mi.com at 12 Noon: Price in India, Offers, Specifications
Redmi Note 9 Pro will go on sale at 12pm (noon) tomorrow, for the second time after the government eased restrictions amid the nationwide lockdown that has been in force due to the coronavirus pandemic.
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Target Announces $19 Million Data Breach Settlement With MasterCard
The amount under the settlement covers costs banks incurred to reissue credit cards and debit cards to customers due to the breach.
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Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
-
Banks Can Charge Over 30% Interest On Credit Card Dues: Supreme Court
Banks can charge over 30 per cent on credit card dues from customers after the Supreme Court set aside a sixteen-year-old National Consumer Disputes Redressal Commission verdict.
-
Banks Can Charge Over 30% Interest On Credit Card Dues: Supreme Court
Banks can charge over 30 per cent on credit card dues from customers after the Supreme Court set aside a sixteen-year-old National Consumer Disputes Redressal Commission verdict, which held charging excessive interest rates.
-
Experts Warn Of Gen Z's Growing Debt Crisis As Cost Of Living Surges: Report
Gen Z, the generation born between 1997 and 2012, is accumulating debt faster than any other age group, largely due to rising living costs and the lingering effects of the COVID-19 pandemic.
-
Crypto Lender BlockFi Attracts Bid from Curve On Over 87,000 Suspended Card Holders
Curve payments company is looking to purchase over than 87,000 credit card customers from BlockFi crypto lender whose credit cards have been suspended this November. If Curve’s acquisition deal comes through, it will continue to allow users to earn crypto awards. The company has also said that the users will not be ported to yet another centrally...
-
RBI Bars Fintech Companies From Loading Cards Using Credit Lines: 10 Points to Understand the Move
The Reserve Bank of India (RBI) has issued a notice to all non-bank entities offering payment instruments to restrict them from loading instruments including prepaid cards using credit lines. Fintech companies are currently assessing the situation.
-
Apple Stops Accepting Debit, Credit Cards for Subscriptions, App Purchases in India
Apple has stopped accepting card payments for subscriptions and app purchases using Apple ID in India and is giving UPI and netbanking as two payment options.
-
Twitch Says Breach Due to Server Configuration Change, User Logins and Payment Information Not Exposed
Twitch has released an update on its site claiming that the breach was due to a change in server configuration. The company says that Twitch does not store full credit card numbers, therefore sensitive payment information was not exposed. It adds, “We have no indication that login credentials have been exposed. We are continuing to investigate....
-
Mi 11 Ultra Limited Quantity Sale Kicks Off From July 7 at 12 Noon
Mi 11 Ultra limited quantity sale will start on July 7 at 12pm (noon), Global VP of Xiaomi Manu Kumar Jain has announced on Twitter. The phone was launched in India in April and due to “circumstances beyond our [Xiaomi’s] control,” there was a delay in shipments of the phone and thus there was no sale date.
-
Railyatri Security Flaw Could Have Exposed Debit Cards, UPI Data of 7 Lakh Passengers: Report
RailYatri was reportedly left exposed due to inadequate security measures, that could have compromised the data of lakhs of users. Due to an unsecured server, the ticket-booking platform accidentally exposed personal information of over 7 lakh passengers. This includes full names, phone numbers, addresses, email IDs, ticket booking details, and par...
-
EasyJet Hit by Cyber Attack, Hackers Access 9 Million Customers' Details
The airline, which has grounded most of its flights due to the COVID-19 pandemic and is locked in a long-running battle with its founder and biggest shareholder, said it did not look like any personal information had been misused.
-
Redmi Note 9 Pro Next Sale on May 6 via Amazon, Mi.com at 12 Noon: Price in India, Offers, Specifications
Redmi Note 9 Pro will go on sale at 12pm (noon) tomorrow, for the second time after the government eased restrictions amid the nationwide lockdown that has been in force due to the coronavirus pandemic.
-
Target Announces $19 Million Data Breach Settlement With MasterCard
The amount under the settlement covers costs banks incurred to reissue credit cards and debit cards to customers due to the breach.
