Gen Z in India is falling in love with credit cards — and they’re getting them way earlier than millennials did. New data shows young Indians are swiping for everything from fashion to food delivery and travel, reshaping how money works in India. Unlike older generations who waited years, Gen Z is applying for cards in college, using rewards, and building credit scores early. 


Gen Z money makeover: Credit cards earlier than millennials

We all want that perfect credit score, but building it takes time, patience, and let’s be honest, a lot of financial discipline.
Now, with artificial intelligence taking over everything from shopping to investing, many wonder if it can also fix this number.
Can artificial intelligence actually help you improve your credit score? Short answer may be yes. But not like magic. Here’s how it works.

Money Matters: Can AI Improve Your Credit Score?

If you have taken a home loan in the last few years, you would have probably noticed your EMI statements creeping up. And that’s not your imagination...Interest rates have been rising, and for borrowers, that means your cost of borrowing goes up too. But why does your EMI change every time the RBI hikes rates? And what can you do to manage the impact? Let’s break it down.

AI Comes To Financial Rescue, Builds Discipline?

Wondering how to boost your credit score? That three-digit number plays a huge role in your financial life — from loan approvals to interest rates. In this video, we break down what a credit score is, why it matters, and actionable steps you can take to improve it fast.

Your credit score matters more than you think

Trending, India News, World: Elliot transformed himself from someone who didn’t speak a word of Hindi into a businessman that operated in the language seamlessly

WION Exclusive | Leaving the American dream for an Indian reality: Why Elliot Rosenberg made India his home

Business & Economy: An increased credit limit improves your readiness to handle emergencies. Let’s try to understand how raising your credit limit can positively impact your financials.

How Increasing Your Credit Card Limit Can Benefit You

Business & Economy, Customisable credit cards empower you to design a card that aligns with your spending habits and preferences, providing a personalised banking experience.

Build your own credit card: Tailor-made financial tools for your lifestyle

Bangladeshi credit card spending in India saw a significant drop of over 40% in October 2024. This sharp decline comes amid stricter visa regulations, which have limited the number of Bangladeshis traveling to India for medical and tourism purposes.

Thailand Surpasses India in Bangladeshi Credit Card Spending

Noida Police arrested a gang of six for defrauding over 50 people by falsely promising to increase their credit card limits. Watch this report for more details!

India: Uttar Pradesh Police Bust Fake Credit Card Gang

Signs of financial strain among Americans are intensifying, with Wall Street reacting nervously as consumer-lending stocks slide. Recent warnings from banking executives about rising delinquencies and payment struggles among lower-income borrowers are raising concerns about the broader economic outlook. This comes amid fears that the Federal Reserve's anticipated rate cuts might be too late to mitigate the impact of higher interest rates.

Americans struggle as credit card woes surge

According to data issued by the Federal Reserve Bank of New York, credit card debt among American consumers as a whole is at a record $1.14 trillion. They owed $27 billion more in credit card debt as of the second quarter of 2024 than they did in debt of $1.13 trillion.

Americans owe $1.14 trillion in credit card bills

Tightening the reins on personal loans and credit cards, India’s central banks’ stricter rules are poised to reshape borrowing costs and challenge lenders. Concerns over the rapid growth in these segments led the RBI to instruct banks to set aside more capital. This decision follows repeated warnings from RBI governor Shaktikanta Das about the escalating risks associated with certain personal loans.

India’s central bank tightens rules on personal loans & credit cards

A new government report states that American cardholders paid a record 130 billion dollars in interest & other fees in 2022.

US cardholders paid $130 bn in interest & fees in 2022: Report

According to Goldman Sachs, credit card companies are facing their highest losses in nearly three decades, except for during the great financial crisis. Report decodes what it means for the global economy.

Credit card companies struggle despite loan growth

When consumers are pressed for cash, credit cards make life easier. For other credit card users, though, the desire for additional reward points led to problems. There is a new fraud in town, so beware. It's the most recent reward point credit card.

Cyber Scams: How to stay protected | Details

If you are regular user of visa & mastercard credit cards, there's some bad news for you. Soon, you may have to pay more for your purchases via credit cards.

Mastercard & Visa to hike credit card fees

Visa and Mastercard are looking to raise their credit card fees that merchants pay when they use customer’s credit cards for transactions, according to a report by The Wall Street Journal.

Visa, Mastercard gear up to increase credit-card fees: Report 

Recent data from the Federal Reserve Bank of New York shows credit card balance has breached the $1 trillion-mark. The increase in credit card debt suggests that many people feel confident about the economy and are using credit cards to buy things they need.

US credit card balances breach $1 trillion-mark for the first time

The Reserve Bank of India (RBI) unveiled a groundbreaking draft regulation that grants debit, credit, and prepaid cardholders the authority to select their desired card network.

Credit card network revolution: RBI grants Indian customers the power to choose

In a groundbreaking move the Reserve Bank of India(RBI) has introduced a draft regulation that gives debit credit and prepaid cardholders the freedom to choose the Preferred Card Network. This regulation challenges the existing properties where current Network options are predetermined by agreements between the issuers and even networks. The RBI aims to promote customer choice and flexibility enhancing competition in the credit card markets.

RBI is transforming India's credit card industry by promoting customer choice and flexibility

India is witnessing a major economic shift, which can reshape the consumer spending landscape in India. It is a shift which is already mirroring patterns observed in the United States.

Decoded: The growing credit card frenzy in India

State-run banks' gross non-performing assets (GNPAs) from the credit card segment have doubled to 18 per cent at the end of FY23, the Reserve Bank of India said on Wednesday.

Credit card NPAs for state-run banks zoom to 18% at FY23-end: RBI

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