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News Capsules
ICICI Bank offers Special Deals on iPhone 16 and Other Apple Products
Technology
UPI pips credit cards as preferred payment method in India
Banks
Consumer payment trends in April 2024: Debit card decline, credit card surge
RBI ban big setback to Kotak Bank
RBI's Supervisory Action Pauses Kotak Mahindra Bank's Digital Banking Expansion
Eco Buzz
RBI bars Kotak Bank from onboarding customers online
SBI leads debit cards market, HDFC dominates credit cards
More choices for credit card users on networks now
RBI’s new directives to banks regarding credit cards, benefits customers
RBI issues new order on credit cards to give customers more choice
Economy
India's retail lending showed moderated growth during quarter ending Sept 2023
40% of consumers prefer credit card for shopping
