HDFC Bank
Consumer Durables & IT
Credit card spending hits record high at Rs 1.4 lakh crore in May; cards in use at 87.4 million
PTI -
Similarly, the number of cards in use has also jumped by more than 5 million since January and crossed 87.4 million in the reporting month, making this also an all-time high in May, according to the RBI data
Mumbai: Credit...
Finance and Funding
Google investing $10 billion in India’s digitisation fund: Pichai tells PM Modi
PTI -
Pichai met Prime Minister Modi here and also announced the opening of Google's global fintech operation centre in the Gujarat International Finance Tec-City (GIFT)
New Delhi: Internet giant Google is investing USD 10 billion in India's digitisation fund, its CEO...
E-Commerce
HDFC Bank and Flipkart Wholesale launch co-branded credit card for small retailers
The credit card can be used in more than 200 countries around the world where Diners Club cards are accepted
Mumbai: HDFC Bank and omnichannel B2B platform Flipkart Wholesale launched a co-branded credit card for Flipkart Wholesale members on Wednesday....
Financial & Equity Services
HDFC Bank partners with Arzooo to offer Purchase Cards to Retailers with up to Rs1 Cr credit
Credit will be offered through purchase cards. Arzooo aims to roll out over one lakh such cards over the next 12 months
Bengaluru: HDFC Bank partners with retail tech platform Arzooo to launch purchase cards that have been exclusively designed for...
Food
Avenue Supermarts IPO oversubscribed 5.71 times on Day 2
The initial public offer of Avenue Supermarts, the operator of retail chain D-Mart, to raise Rs 1,870 crore was oversubscribed 5.71 times on the second day of the offer.
According to a PTI report: The IPO, the biggest since PNB...
Retail
HDFC Bank ties up with retail body to offer cash at 50 retail stores
HDFC Bank on Wednesday partnered with Federation of Retail Traders Welfare Association (FRTWA) to offer cash withdrawal facility at over 50 large and prominent retail stores across major cities.
"Customers can withdraw cash up to Rs 2,000 at these stores...
Retail
Snapdeal's Capital Assist Program to be managed by Freecharge
Snapdeal's merchant lending program Capital Assist will now be managed by Freecharge.
According to a PTI report: Under the new arrangement, sellers on Snapdeal, Shopo and Freecharge will be able to access working capital in a time efficient and cost...
Retail
CAIT launches e-lala in Nagpur
The apex body of small traders, Confederation of All India Traders (CAIT), finally launched its online portal e-lala on November 5, in an attempt to bring traders from the unorganised sector online.
The city-location based portal was proposed at the...
Retail
Surpluss.in ties up with ONEMi to offer easy EMI options to consumers ahead of festive season
Refurbished goods etailer Surpluss.in has entered into a partnership with ONEMi to offer equated monthly installment payment options to customers.
"As we approach the festive season, we believe this initiative will empower our customers to buy products of their choice...
Retail
Snapdeal, HDFC launch co-branded credit card to draw tier II & III consumers
Online marketplace Snapdeal and HDFC Bank Ltd. have announced the launch of India's first co-branded ecommerce credit card. The 'Snapdeal HDFC Bank credit card' aims to encourage more customers from tier II and III markets to adapt to digital...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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