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2008

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Foreign banks challenge ruling on interest rates for credit cards

Written on 10 Sep, 2008 at 23:20 in General, News | viewed 409 views times | 0 Comments

A group of foreign banks have challenged a consumer court ruling on credit card interest rates, claiming that they are now free to decide interest rates for credit card users. Earlier a consumer court had restrained banks from charging interest... (Continue reading)

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Dena Bank to re-launch credit card with SBI

Written on 2 Sep, 2008 at 18:13 in Dena Bank, New Credit Cards, News, SBI | viewed 1,001 views times | 1 Comment

Dena Bank has decided to enter into a tie-up with SBI to re-launch its credit card service.... (Continue reading)

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New rules from RBI to help Credit Card users

Written on 24 Jul, 2008 at 18:11 in General, News | viewed 3,601 views times | 1 Comment

The RBI has set new rules for credit card issuing banks providing relief to credit card users in India. As per the new guidelines RBI has asked banks not to charge excessive interest rates on personal loans or credit cards.... (Continue reading)

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Indian Credit Card Interest Rates Unfair

Written on 10 Jul, 2008 at 21:09 in General, News | viewed 795 views times | 1 Comment

Credit Card users in India have something to cheer about; the National Consumer Disputes Redressal Commission has ruled that banks charging interest rates in excess of 30% per annum is an unfair trade practice. Most banks in India charge between... (Continue reading)

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ICICI Launches Platinum Identity Credit Card

Written on 25 Jun, 2008 at 22:11 in ICICI, New Credit Cards | viewed 1,046 views times | 1 Comment
ICICI Launches Platinum Identity Credit Card

ICICI Bank has launched its latest premium credit card “Platinum Identity Credit Card” Visa. ... (Continue reading)

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Citibank and Delhi Metro launch Co-branded Credit Card

Written on 8 May, 2008 at 4:39 in Banks, Citibank, New Credit Cards | viewed 1,649 views times | 4 Comments
Citibank and Delhi Metro launch Co-branded Credit Card

The ‘2 in 1 transit credit card’ is a first of its kind in India and offers many exciting privileges to the Delhi Metro users.... (Continue reading)

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RBI to launch credit card “IndiaPay” next year

Written on 6 May, 2008 at 20:08 in General, New Credit Cards, News | viewed 1,415 views times | 2 Comments

Earlier a press release from Indian Bank’s Association had mentioned that they are working on a proposal to launch a payment gateway called “IndiaPay” and now the RBI says it launching a credit card called “IndiaPay”. Are these connected in... (Continue reading)

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ABN Amro and MakeMyTrip.com launch Go Credit Card

Written on 2 May, 2008 at 19:27 in ABN Amro, Banks, New Credit Cards | viewed 811 views times | 0 Comments
ABN Amro and MakeMyTrip.com launch Go Credit Card

 ABN Amro and MakeMytrip.com have launched a co-branded credit card for India called the “Go Card”. The credit card offers excusive travel rewards from MakeMyTrip. The Go Card is a Titanium MasterCard targeted at the high end traveler.  As a... (Continue reading)

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Identity Theft: Is India ready?

Written on 1 May, 2008 at 20:18 in Articles | viewed 992 views times | 2 Comments

Over 10 million Americans have fallen prey to Identity Theft already with a total loss in excess of $50 billion.... (Continue reading)

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Mobile Phones as Credit Card?

Written on 30 Apr, 2008 at 19:36 in General, News | viewed 513 views times | 0 Comments
Mobile Phones as Credit Card?

 The RBI today announced that it is working on formulating a plan to develop a mobile payment system. In other words, it means using your mobile as a credit card. The theory behind this thought is that there are 250... (Continue reading)

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