RBI bars Kotak Mahindra Bank from onboarding fresh customers via online, mobile banking; asks it to stop issuing fresh credit cards

[ The Reserve Bank of India (RBI) has instructed Kotak Mahindra Bank to immediately stop onboarding new customers through its online and mobile banking channels and cease issuing new credit cards. This regulatory action was taken due to concerns about the bank’s compliance and risk management practices.However, RBI has directed Kotak Mahindra Bank to continue … Read more

Rakuten Group aims to integrate bank, fintech units

[ TOKYO: Rakuten Group plans to integrate its fintech businesses into one group, it said on Monday, aiming to strengthen collaboration and customer acquisition across areas from online banking and credit cards to securities and insurance. Rakuten Group and Rakuten Bank entered into a memorandum of understanding on the re-organisation, which is set to take … Read more

Explore Credit Card Dining Offers for the Perfect Date

[ Bajaj Markets, a subsidiary of Bajaj Finserv, holds a treasure trove of credit cards that can make one’s Valentine’s Day unlike any other. For those looking to indulge in a memorable dining experience without breaking the bank, credit card dining offers present an enticing opportunity to elevate the celebration.   … Read more

No-Cost EMI: How to select the best no-cost EMI plan?

[ If you have a specific need for a product and are confident in your ability to make monthly payments, a no-cost EMI plan can be a convenient way to make your purchase. No-cost EMI allows you to get a product without paying the full price upfront, which can be helpful when on a budget … Read more