Amid a crackdown by the RBI and dubious practices plaguing the industry, major banks are trimming many of their credit card offerings despite their popularity and business potential.
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The Yes Bank CEO ushers in a spate of changes in the retail banking business to stem its loss-making streak.
The Sandeep Bakhshi-helmed private lender has moved swiftly to grab a bigger slice of the corporate loan action, posing a threat to what was once HDFC Bank’s bastion.
The battle between four of India’s major fintechs and the payments orchestration leader is being fought on the issues of interoperability and fair competition. Ultimately, though, commercial factors will trump all else.