मैगज़्टर गोल्ड के साथ असीमित हो जाओ

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कोशिश गोल्ड - मुक्त

New credit card issuances plunge 50% in Oct to 7.8L as against 16L a year ago

The New Indian Express Shivamogga

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December 06, 2024

THE credit card industry saw a sharp 50% year-on-year decline in new card issuances to a meagre 7.8 lakh in October as against 16 lakh cards issued in the same month last year.

- ENS ECONOMIC BUREAU @Mumbai

New credit card issuances plunge 50% in Oct to 7.8L as against 16L a year ago

In November 2023, the Reserve Bank, fearing a bubble build-up in the unsecured loans segment, which has been growing at three times the other loans for nearly two years, asked credit card issuing banks to set aside 25 percentage points more money as risk capital, taking the total to 150%.

The New Indian Express Shivamogga से और कहानियाँ

The New Indian Express Shivamogga

Constitution a guiding vision for India's rise, says Prez

PRESIDENT Droupadi Murmu and Vice-President C P Radhakrishnan reminded the nation on Constitution Day on Wednesday that India's democratic spirit, rooted in its people and its Constitution, continues to guide the country's ambitious journey toward becoming a developed nation.

time to read

1 mins

November 27, 2025

The New Indian Express Shivamogga

IPOs DO BOTH: REWARD RISK AND FUND GROWTH

WHAT has been whispered for long was coherently amplified by India's Chief Economic Advisor, V Anantha Nageswaran, at a recent industry conclave.

time to read

1 mins

November 27, 2025

The New Indian Express Shivamogga

No SC quota for migrants in U'khand jobs: HC

THE Uttarakhand High Court has ruled that a scheduled caste (SC) woman from another state is not entitled to reservation benefits in Uttarakhand where she has settled after marriage.

time to read

1 min

November 27, 2025

The New Indian Express Shivamogga

CJI says will 'consider' petition to revive NJAC, end collegium system

THE Supreme Court on Wednesday said that it will consider a plea to revive the National Judicial Appointments Commission (NJAC) to replace the current collegium system for appointment of judges in the higher judiciary.

time to read

1 mins

November 27, 2025

The New Indian Express Shivamogga

Reservation row in J&K as Open Merit gets 40% quota of finance dept posts

THE row over reservation policies in Jammu and Kashmir has flared up again after the Finance Department advertised 600 posts of Accounts Assistants, with only 240 of those allocated to the Open Merit (OM) category.

time to read

1 mins

November 27, 2025

The New Indian Express Shivamogga

Setback to global HIV response due to fund cuts

THE global response to HIV has suffered its most significant setback in decades, warns a new UNAIDS report released ahead of World AIDS Day 2025.

time to read

2 mins

November 27, 2025

The New Indian Express Shivamogga

The New Indian Express Shivamogga

Rahul says will uphold federalism, 'won't allow attack on Constitution'

ON the 76th Constitution Day, several Opposition parties including Congress, Trinamool Congress (TMC) and DMK, reaffirmed their resolve to protect the Constitution and uphold federalism.

time to read

1 min

November 27, 2025

The New Indian Express Shivamogga

Kharif season: Record production of rice, but oilseeds & pulse output down

THE agriculture ministry said the country's rice production during the kharif season that ended in October reached a record 124.

time to read

1 mins

November 27, 2025

The New Indian Express Shivamogga

The New Indian Express Shivamogga

India trashes Pak's Ram temple swipe

INDIA on Wednesday strongly rejected Pakistan's criticism of Prime Minister Narendra Modi's participation in a ceremony at the Ram temple in Ayodhya, asserting that Islamabad, with its \"deeply stained record\" on minority rights, lacks the \"moral standing to lecture others.

time to read

1 mins

November 27, 2025

The New Indian Express Shivamogga

EC concerned over Bengal CEO's safety, Didi ups ante

EXPRESSING serious concern over a security breach at the West Bengal Chief Electoral Officer's (CEO) office, the national poll body on Wednesday sought an action-taken report (ATR) from Kolkata Police Commissioner Manoj Verma within 48 hours about the safety of the poll officers.

time to read

2 mins

November 27, 2025

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