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)
The credit card business seems to be attracting everyone to it. Joining the long list of new credit card launches, Life Insurance Corporation of India (LIC) announced that it will launch its own credit card in September this year. LIC... (Continue reading)
Development Credit Bank (DCB) has announced the launch of its credit card business in India. ICICI bank will manage the credit card business for DCB. DCB has named its credit card as, the DCB Advantage Credit Card which will be... (Continue reading)
A question that has been doing the rounds for some time now. Are banks justified in using recovery agents to collect money from defaulters? The banks obviously would love to say yes but are they justified when these recovery agents... (Continue reading)
India credit cards is a public service website and we aim to provide users with the latest credit card news, offers and reviews from India. We make our best effort to research new the credit card industry and post that... (Continue reading)