Jet Airways partners with HDFC Bank to launch Co-Branded Credit Cards

JetPrivilege, India s largest and Freddie s award winning frequent flyer programme, has partnered with HDFC Bank, India s second largest private sector bank to launch JetPrivilege HDFC Bank Credit Card , an exclusive range of Credit Cards offering unique benefits and rewards in the form of JPMiles. JetPrivilege-HDFC Bank Co-branded Credit Cards will offer





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Credit card issuances rise for third month

Credit card issuance has grown for a third month, as banks have started expanding the business aggressively. According to the latest data released by the Reserve Bank of India (RBI), the number of credit cards in the country increased by 128,000 in May. HDFC Bank added the most number of cards in May (69,974). State





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Credit card number falls as banks like ICICI Bank, Citibank and Standard Chartered get cautious

The number of active credit cards in India has dropped by almost 35 percent in the last three years as banks withdrew cards from defaulters and became cautious in issuing new ones, an industry survey revealed. The number of active credit cards in India has steadily dropped from a peak of 2.75 crore as on





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IndusInd Bank in race to buy Deutsche Bank’s credit card biz

Private sector lender IndusInd Bank is in the race to buy Deutsche Bank’s credit card business in India and hopes to finalise a deal in the next few weeks. IndusInd Bank, along with Axis Bank, Dhanlaxmi Bank and Karnataka Bank, have evinced interest in acquisition of the credit card business of Deutsche Bank, sources said.





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