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Advanta Corp files for bankruptcy protection09-NOV-09
Advanta Corp, which issues credit cards to small businesses, has filed for bankruptcy protection in a US court after the global economic crisis adversely impacted the company's small business customers.
Reduce interest, pay EMIs08-NOV-09
Issuers allow you to convert your credit card purchases to EMIs, but it comes with strings attached.
Utilising reward points11-OCT-09
Credit cards are now a common instrument used by most urban Indians and there are several benefits of using them. One aspect is the reward points that come along with the expenses made on the card and these can be used effectively to get additional gains. However, there can also be a loss of opportunity if the benefit is not taken properly.
MP to step up efforts for agri development09-OCT-09
To make agriculture profitable in the state, the government will soon start renewed efforts. This will include a new nursery Act, promotion of private unit for hybrid seed production and seed testing labs, promotion of lift irrigation scheme and seven-hour power supply to farmers.
Govt warns against mails promising income tax refunds06-OCT-09
Beware, if you receive any e-mail from the Income Tax department promising a refund of taxes as it could just be a phishing attempt to get your credit card details.
Citibank launches new credit card rewards platform05-OCT-09
Citibank India today said it has launched a new rewards platform-CitiRewards, targeting customers who hold Citi-branded credit cards.
Credit card: Devil is in the details01-OCT-09
When Sandeep Lakhotia met with a road accident last year and broke his leg, he was secure in the knowledge that the medical expenses would be covered under the accident insurance provided free with his credit card issued by a foreign bank.
Banks to block all credit cards for payment default on one28-SEP-09
Customers having multiple credit cards will now not be allowed the luxury of using either in case they default on making payments for even one, thanks to stringent measures being adopted by the banks.
Agriculture credit offtake nosedives18-SEP-09
A drought-like situation is taking its toll on agriculture credit offtake.
Surety for you, security for the bank13-SEP-09
Four indian banks are offering cards with a credit limit of 80-90% of the fixed deposit.
Cautious approach on credit cards issuance to continue: ICICI21-AUG-09
The country's largest private lender, ICICI Bank, today said its cautious approach on credit card issuances would continue even if the economy revives completely.
Average credit card spend up in June20-AUG-09
But the card population witnesses 1.21 million casualties.
PNB aims to issue 200,000 global credit cards by March 201017-AUG-09
"We are targeting to issue two lakh global credit cards to our customers by end of the current fiscal," PNB Chief General Manager (Credit Card Venture) Ranjan Dhawan told reporters today.
Credit card balances' growth declines to all-time low12-AUG-09
Lower limits, fewer issuances & reduced spending main reasons.
RBI secures online credit card transactions09-AUG-09
A recent directive from RBI makes it mandatory to have an additional authentication pass code verified by VISA or MSC (Master Secure Code) mandatory. This is over and above what is visible on your card. This is in effect from August 1, 2009 onwards.
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