Top lenders step up credit card issuance as stress expected to ease

The industry added 8.2 lakh new cards in January, with HDFC Bank leading with 3 lakh cards, followed by SBI Cards (2.4 lakh) and ICICI Bank (1.8 lakh). This brings the total number of credit cards in India to 10.89 crore, reflecting a year-on-year increase of 9.5%.

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Dollar rides high on Fed rate-hike bets

The US dollar is experiencing a significant surge, reaching multi-month highs against major currencies like the euro and yen. This strength is fueled by expectations