Credit card spending hits 7-month low, average spend per card down to Rs 15,295: Report

Apr 05, 2025

The credit card spending hits a 7-month low amid persistent decline in the credit card spending, according to a report by ACMIIL, a stock...

Over 1.10 crore new credit cards issued in last 1 year, private bank dominate market: Report

Dec 27, 2024

The credit card market in India has witnessed significant growth over the past year, with more than 1.10 crore new credit cards issued, according...

Chartis Research Recognises Pennant Technologies as a Leader in Credit Lending Operations

Oct 10, 2024

Hyderabad (Telangana) [India], October 10: Pennant Technologies, an agile and innovative financial technology company, today announced it has been positioned as Category Leader by...

Slowdown in credit card growth continues, disbursement at 4-year low: Report

Mar 06, 2025

The credit card sector in India is witnessing a slowdown, with disbursement growth falling to a four-year low, according to a report by ACMIIL,...

PSU banks gain market share amid slow down in credit growth: UBI Report

Jun 21, 2025

The credit growth of Indian banks moderated in the Financial Year 2025, yet Public Sector Banks (PSBs) gained the market share, outperforming their Private...

Increasing demand in India's retail credit presents opportunity for NBFCs to expand investor base: Crisil

Aug 06, 2025

The rising demand in India's retail credit market has opened new opportunities for Non-Banking Financial Companies (NBFCs) to expand their investor base, according to...