Credit card NPAs spiked 500% in past four years, shows RBI data. What is driving defaults? | Mint

Credit card NPAs spiked 500% in past four years, shows RBI data. What is driving defaults? | Mint

Source: Live Mint Credit card usage has undoubtedly risen considerably in the past few years, primarily steered by increased consumer spending and the growing popularity of digital payments. However, non-performing assets (NPAs) in the credit card segment also spiked by 28.42 per cent to ₹6,742 crore during the 12-month period ended December 2024, the latest…

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EPFO subscribers can now use face recognition to activate UAN, view passbook, other PF services. Details here | Mint

EPFO subscribers can now use face recognition to activate UAN, view passbook, other PF services. Details here | Mint

Source: Live Mint To simplify and to make the process of allotment and activation of UAN stronger, EPFO (Employees Provident Fund Organisation) has launched a number of features in the UMANG app while leveraging the face authentication technology (FAT). Now, EPFO subscribers can use this technology for allotment and activation of Universal Account Number (UAN)….

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