"axis-bank"

Hyderabad: Having a credit card gives one the financial freedom to make purchases as and when required. While it does make our purchases easier, it also has the double whammy of pushing a person into a debt trap if the payment is not made on time. And in case the payment gets delayed then the […]

In addition, Vinod Nair, Head of Research at Geojit Financial Services said the upcoming week will be driven by global sentiments.

Besides these five banks, Bajaj Finserve and SBI Card may face problems as they were also issuing cards of this payment gateway

The bank aims to transition 70 per cent of its infrastructure and applications to the cloud in the next two years

The fintech company has already facilitated disbursals of over Rs 1,600 crore to more than 2 lakh merchants since the launch of the lending vertical.

Total income increased to Rs 21,028.45 crore in the latest quarter from Rs 20,786.23 crore in the same period a year ago.

Similarly, the broader NSE Nifty rose 115.35 points or 0.77 per cent to 15,097.35.

The year also saw nine other deals value over $1 billion each, it said, adding that the top deals accounted for nearly two-thirds of the overall activity.

After touching a record intra-day high of 50,526.39, the 30-share BSE benchmark ended at 50,255.75, up 458.03 points or 0.92 per cent.

The new feature will be applicable on all new fixed deposits and recurring deposits. For new deposits booked for a tenure above 2 years

The partnership will allow customers to view process and avail auto loan sanction directly on Hyundai's CTB platform, a company statement said.

Around 10.15 a.m., Sensex was trading at 47,986.84, lower by 189.96 points or 0.39 per cent from its previous close of 48,176.80.

The Facebook-owned company noted that its 'Payments' feature is now available to users across the country (currently up to 20 million users) with support from banking partners - State Bank of India, HDFC, ICICI and Axis Bank.

After two years of waiting, Facebook-owned WhatsApp payment service received approval from the National Payments Corporation of India (NPCI) in November to go live on Unified Payment Interface (UPI) with over 160 supported banks.

The allotment to the joint venture partner MSI is in consideration for the transfer of equity shares constituting 20.57 per cent of the paid-up share capital of Max Life held by it to MFSL.

The 30-share BSE index was trading 365.19 points or 0.91 per cent lower at 39,557.27. Similarly, the broader NSE Nifty tumbled 106.90 points or 0.91 per cent to 11,622.70.

In the previous session, Sensex surged 376.60 points or 0.94 per cent to finish at 40,522.10, while Nifty climbed 121.65 points or 1.03 per cent to 11,889.40.

Consumers can avail Kotak's festive season bonanza, the 2020 edition of 'Khushi Ka Season' with home loans and balance transfer loans starting at 6.9 per cent per annum, the bank said in a statement

The 30-share BSE index was trading 404.42 points or 1 per cent higher at 40,948.79, and the broader NSE Nifty rose 113.55 points or 0.95 per cent to 12,010.35.

Exchange data showed that foreign institutional investors bought equities worth Rs 615.17 crore on a net basis on Monday.