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 air... (Continue reading)
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 March... (Continue reading)
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 them... (Continue reading)
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 in... (Continue reading)
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 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)
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 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... (Continue reading)
Around 20.35 lakh credit cards will be flushed out of the system by March-end, according to a study done by Venture Infotek, India’s leading payment solutions provider. It has shown a sharp drop to 226.64 lakh cards by March-end, from... (Continue reading)
The holiday season has arrived. It is time to celebrate, make merry, and have fun. Travel plans have been made, lists of gifts for family and friends have been drawn up, and arrangements for parties are in full gear. It... (Continue reading)