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HDFC Bank is India’s No 1 in credit cards
With a base of 5 million cards, HDFC Bank is now an undisputed leader in credit cards space having displaced ICICI Bank, which has pared its credit card base from a high of 8.5 million to four million cards at... (Continue reading)
Citibank launches credit card for frequent flyers
Written on 5 Oct, 2010 at 18:35 in Citibank | viewed 6,375 views times | 3 Comments
Citibank today launched a new credit card that will give frequent flyers the chance to earn mileage points when they fly on more than 50 domestic and international airlines. Till now, air travellers could only accumulate mileage points by flying... (Continue reading)
Jet Airways Partners With SBI Credit Card to Offer Easy Payment Option For Purchase of Air Tickets
Jet Airways, India’s premier international airline, on May 14 announced a tie-up with SBI Card –the joint offering from State Bank of India and GE Capital, to offer its guests a unique travel option. This arrangement is aimed at making... (Continue reading)
Yes bank to launch credit cards by the end of this fiscal
In a step to fuel its ambitions to increase its retail division, Yes Bank has decided to launch its credit cards by the end of the fiscal 2010-11. The bank will also enter into home and car loan divisions by... (Continue reading)
Deutsche Bank launches World Miles credit card
Written on 30 Mar, 2010 at 21:30 in Banks, Deutsche Bank, New Credit Cards | viewed 1,729 views times | 1 Comment
Deutsche Bank announced the launch of the Deutsche Bank World Miles Credit Card in India. The credit card, especially created to cater to regular domestic & international travelers, will automatically enroll customers in a travel-focused loyalty program called ‘WorldMiles’ enabling... (Continue reading)
Dhanlaxmi Bank launches credit cards
Thrissur-based Dhanlaxmi Bank on Monday entered the retail assets business with the launch of Dhanlaxmi Bank Platinum and Gold Credit cards. The cards are targeted at its premium customers, a bank release said. Also, the bank for the first time... (Continue reading)
LIC targets half million credit card sales next year
The card subsidiary of Life Insurance Corporation LIC of India named LIC cards has set an aim of generating credit card sales worth Rs. 5 lakh in the upcoming financial year. This target, if achieved would lead to half a... (Continue reading)
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)
Credit cards base shrinks by a fourth in less than 2 yrs
Written on 11 Feb, 2010 at 17:21 in News | viewed 520 views times | 0 Comments
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)
PayPal: India Payments Suspended for ‘at Least a Few Months’
Written on 10 Feb, 2010 at 17:41 in News | viewed 552 views times | 0 Comments
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... (Continue reading)
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