India

India credit card spending grows 11.5% in November on e-commerce

India credit card spending grows 11.5% in November on e-commerce

The number of outstanding credit cards rose to 11.5 crore in November 2025, up from 10.7 crore a year earlier.
3 hours ago

Citi, CredAble partner for digitalised invoices, trade finance controls

The platform can validate invoices by verifying over critical fields such as values, dates, amongst others.
23 hours ago

Canara HSBC Life partners Equitas SFB for bancassurance

The bank has a network of 994 branches and 365 ATMs.
1 day ago

Mizuho expands further into India with planned Avendus acquisition

Avendus will become a subsidiary of Mizuho Securities.

Indian banks’ profits to soften in 2026 despite improved credit costs

Authorities' measures to boost consumption and investment will sustain revenues.

India’s digital public infrastructure gains traction in Global South

The model uses public digital rails to help governments deliver services at scale.

India’s digital NBFCs poised for strong loan growth through 2030

Rising digital adoption and a supportive regulatory framework will push growth.

India’s bank lending expands as GST cuts spur credit growth

As of 3 October 2025, total bank credit rose 11.4% year-on-year.

How India’s credit card spending rose 14% in August

CareEdge expects spending to pick up from September.

India’s retail payments now 99.8% digital: CareEdge

Cards and prepaid instruments are stable or in decline as UPI increases in popularity.

HDFC Bank noted for effective risk controls and employee well-being

It got its highest score on the social pillar of ESG, based on NSE’s report.

Citi’s India IPO pipeline ‘largest on record’

India’s overall IPOs are expected to hit between US$15b to US$20b through Q3 2026.

Why Indian banks are seen to absorb loan losses

S&P also said earnings are likely to moderate but remain above long-term averages. 

SMBC Group establishes offshoring hub in Chennai, India

The offshore hub will ensure stable systems development and operations, the bank said.

India’s consumer loan market to reach $1t in 2029

Increased disposable income is driving demand for housing, vehicles, and durables.

SMBC’s Bengalaru branch commences operations

Satoshi Onoe serves as head of the branch.