Personal loans are often marketed as quick and hassle-free financial solutions, but borrowers are frequently caught off guard by hidden charges that increase the total cost of borrowing. While interest rates are clearly disclosed, additional fees, penalties, and deductions can reduce the actual loan amount disbursed and increase monthly EMIs.Lenders often do not fully disclose these fees upfront, making it essential for borrowers to understand all associated charges before finalizing their lo
Personal loans are often marketed as quick and hassle-free financial solutions, but borrowers are frequently caught off guard by hidden charges that increase the total cost of borrowing. While interest rates are clearly disclosed, additional fees, penalties, and deductions can reduce the actual loan amount disbursed and increase monthly EMIs.Lenders often do not fully disclose these fees upfront, making it essential for borrowers to understand all associated charges before finalizing their lo
RBL Bank and Bajaj Finance Ltd. have mutually decided to stop issuing new co-branded credit cards following discussions that have taken place over the past month. While the change will not affect RBL Bank’s overall credit card business, it marks the end of a significant partnership that previously accounted for a large portion of RBL Bank’s card issuances. As of September 2023, Bajaj Finserv co-branded cards represented 41% of RBL Bank’s total credit card issuances.
RBL Bank and Bajaj Finance Ltd. have mutually decided to stop issuing new co-branded credit cards following discussions that have taken place over the past month. While the change will not affect RBL Bank’s overall credit card business, it marks the end of a significant partnership that previously accounted for a large portion of RBL Bank’s card issuances. As of September 2023, Bajaj Finserv co-branded cards represented 41% of RBL Bank’s total credit card issuances.