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TimesofMoney launches new entertainment credit card with Barclays Card
Written on 18 Apr, 2008 at 21:19 in Barclays Bank, New Credit Cards | viewed 898 views times | 1 Comment
TimesofMoney, a Times Group Company today launched an entertainment card in collaboration with Barclays Bank. The co-branded credit card “Times Card from Barclaycard and TimesofMoney” is targeted at the creamy layer who tend to spend a lot on their credit... (Continue reading)
Kotak launches credit card business with four credit cards
Written on 17 Apr, 2008 at 19:37 in Banks, kotak mahindra, New Credit Cards | viewed 1,484 views times | 1 Comment
As reported earlier in my blog Kotak Bank had plans to launch their credit card business by March. Kotak has finally announced the launch of its credit card business in April by releasing four new credit cards. Kotak’s credit... (Continue reading)
MasterCard sponsors IPL team Mumbai Indians
Credit Card major MasterCard has joined the IPL band wagon by announcing itself as the founding sponsor of the Reliance Mumbai Indians team. MasterCard is celebrating its 25th year in India. With every major company wanting a piece of the... (Continue reading)
Credit card complaints on the rise in India
An RBI report put the total number of banking complaints at 38,638 in 2006-07 up 22% from 2005-06 which was at 31,732. The banking ombudsman’s scheme now also includes credit card complaints which may have lead to the increase in... (Continue reading)
LIC credit card launch still on by year-end
I had posted earlier that that LIC with its joint venture partner GE Money would launch its credit card operation by September. However, after various speculations on will they or wont they it looks like they finally will launch their... (Continue reading)
SBI Credit Cards Posts Rs.186.61 cr loss
SBI Credit Cards has posted a loss worth Rs.186.61 crores for the quarter ending Dec 2007. Its non performing assets (NPA) amounted to a record breaking 16.28% the highest in the industry. SBI and its partner GE Money had entered into... (Continue reading)
PNB to finally launch credit card business by October
Failing to get approvals from the RBI for its proposed joint venture with AIG and InfoTech Global, Punjab National Bank (PNB) has decided to go it alone with the launch of its credit card business. Last year PNB had announced... (Continue reading)
ICICI Bank and American Express Launch Two Credit Cards Jointly
Written on 1 Apr, 2008 at 23:26 in American Express, AMEX, Banks, ICICI, New Credit Cards | viewed 3,496 views times | 3 Comments
ICICI Bank and the world leader in financial services American Express today launched two new credit cards for the Indian consumer. The two cards are “ICICI Bank Ascent American Express Card” and the ICICI Bank Business Ascent American Express Card”.... (Continue reading)
HSBC India launches HSBC Platinum Credit Card
Written on 26 Mar, 2008 at 21:49 in Banks, HSBC, New Credit Cards | viewed 2,743 views times | 5 Comments
HSBC customers in India and credit card users in general have something to cheer about. HSBC entered the premium credit card space by launching the HSBC Platinum Visa Credit Card for high net worth individuals. This the third card in... (Continue reading)
Axis Bank launches India’s first (EMV) chip based credit card
Written on 10 Mar, 2008 at 20:55 in Axis Bank, New Credit Cards | viewed 4,100 views times | 7 Comments
Its finally here, India’s first chip based credit card from Axis Bank. Based on the EMV (Europay, MasterCard, Visa) standard the visa platinum credit card from Axis Bank uses the latest chip based technology to store the credit card holder... (Continue reading)
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