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    Card Tokenization

    Hi, I was a bit confused with the whole thing regarding card tokenization. https://www.hdfcbank.com/personal/pay/cards/service/cards-tokenization Here it mentions merchants cant store your CVV Now I did a transaction on the big basket while my Amex cards were tokenized. In the haste of the...
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    Nue Pass Devaluation

    Saw this in my Tata nue dashboard. Is it refelcting for everyone
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    Credit Card Spending at an all time high

    https://www.moneycontrol.com/news/business/banks/credit-card-spending-scales-record-high-at-rs-1-4-lakh-cr-in-may-87-4-million-cards-in-use-10967521.html Banks have recahed saturation point for almost all there cards which will slowly lead to devalutaion in almost all cards coming forward
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    Delhi Lounge Crowding

    https://m.timesofindia.com/business/india-business/lounge-excess-to-crunch-international-flyers-feel-the-pinch-at-delhi-airports-t3/articleshow/101647632.cms Never knew Delhi was much worse Than mumbai in terms of queue
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    Credit card bad debt doubles to 18% for state-run banks: RBI Financial Stability Report

    On a year-on-year basis, data with the FSR showed that the NPA for credit cards has increased from 9 percent in March 2022 to 18 percent in March 2023 The non-performing asset (NPA) in credit card segments for public sector banks stood at 18 percent as on March 2023 compared with 9 percent a...
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