ABN cuts credit limit on cards to a tenth- News-Credit Cards-Personal Finance
ABN Amro India has chopped the credit limit of some credit card customers to a tenth and raised the minimum amount payable to 7% oftotal dues from 5%, possibly to persuade them to surrender their cards as it draws closer...
Continue reading full story (read 6 views times) Add a Comment - 0 users commented on this postCredit cards base shrinks by a fourth in less than 2 yrs
The popularity of credit cards has taken a severe beating in India over the past couple of years. The base fell by 16.4 per cent, or over 4 million, to 20.64 million in the nine months ending December 2009.In fact,...
Continue reading full story (read 25 views times) Add a Comment - 0 users commented on this postPayPal: India Payments Suspended for ‘at Least a Few Months’
PayPal said a ban on personal transactions to and from India will continue for “at least a few months” while the online payment service tries to resolve a problem with local regulators. The ban, which began Saturday and caught PayPal users...
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