Reports

Credit card transactions up by over 29 pc in June

Transactions worth Rs 7,191.11 crore were carried out using credit cards in the country in June, 2011, translating into a growth of 29.8 per cent over the same month last year. Credit card transactions during June, 2010, amounted to Rs... (Continue reading)

Credit card complaints on the rise in India

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)

India among top 3 countries to use credit cards for online shopping

Research firm Nielsen released its latest report the “Nielson Global Online Survey on Internet Shopping Habits” with some interesting facts on online shopping behavior from online shoppers around the world. According to the survey India came in third with 84%... (Continue reading)