The US has relied on its 'golden credit card' to run fiscal deficits for decades, the Oaktree cofounder wrote.

The gross NPAs now represent about 2.3 per cent of the total outstanding credit card loans, which stood at Rs 2.92 lakh crore in December 2024.

If you have upcoming credit card bills due and plan on only paying the minimum balance, there are reasons why that might be a bad idea and hurt you in the long run.

Woolworths New Zealand plans to press on with workforce restructure as part of new operating model to be piloted in upper North Island stores ...