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

February 27, 2025

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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Mutual funds will now have to deploy NFO proceeds within 30 days: Sebi rule effective from April 1

Sebi mandates AMCs to deploy NFO funds within 30 business days from April 1, 2025. Investment committees may extend this once, with reasons documented and

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Gold tumbles Rs 1,150 to Rs 88,200 per 10 gm, silver plunges Rs 1,000 amid weak global cues

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