Fri, 01 Aug 2008 08:51:45 +0530
India is going plastic. No, not literally. With the growing globalisation, the Indian consumer has taken a liking for plastic money, better known as credit cards. The good news is that banks realise this liking and are offering many features. The bad news is that there are too many banks to choose f...Mon, 21 Jul 2008 09:53:02 +0530
Inflation could be causing plenty more problems for India. Not only is the rate very high but this inflation might have an effect on the growth of the country. Deputy chairperson of Planning Commission Montek Singh Ahluwalia said that inflation and increasing global fuel prices would impact India&rs...Mon, 14 Jul 2008 10:11:02 +0530
The cases of credit card frauds do not seem to end. Following the recent case of an ING Vysya Bank employee, in partnership with others, duping the bank of crores, a case has been registered against a Punjab National Bank (PNB) in Chandigarh. Baldev Singh, who works as a cashier-cum-computer operato...Mon, 14 Jul 2008 10:07:41 +0530
Close on the heels of a cash back offer on the debit cards, being offered by the country’s largest public sector lender, State Bank of India, major international bank and financial services provider Barclays announced a 10 per cent cash back offer for all its debit card customers. The bank cam...Thu, 10 Jul 2008 10:30:17 +0530
HSBC India is shifting its focus to SMEs. Small and medium enterprises or SMEs, also called small and medium-sized enterprises and small and medium-sized businesses or small and medium businesses or SMBs, are companies whose headcount or turnover falls below certain limits. The bank has just launche...Tue, 08 Jul 2008 10:40:34 +0530
Delhi Police has busted a credit card fraud in the capital city when they arrested three Nigerian nationals on charges of credit cards fraud in New Delhi. This is the second case of Nigerians being involved in credit card frauds. Just last month, Mumbai police had caught another gang of three who us...Mon, 07 Jul 2008 10:00:54 +0530
Credit card frauds continue to haunt the city, but thankfully, for the police, many of them are being busted before they can take alarming proportions. Following the arrest of two of his accomplices in Mumbai on June 29, the police are on the lookout for a Delhi based software engineer, who was the...Thu, 03 Jul 2008 10:51:59 +0530
In what can be termed as a gift to its customers, the largest bank in the country, State Bank of India, announced on its foundation day (1st of July) that it has launched a 'Cash Back' for its debit card holders across the country. The offer would hold on all debit cards of the State Bank Group, fro...Wed, 02 Jul 2008 11:01:19 +0530
In yet another case of a credit card fraud, a man was duped of Rs. 40, 000 when his card was used for buying petrol while he was out of the country. KH Kaji, who is a resident of Navjivan in Navrangpura, Gujarat realised that he had been duped when he was handed over the credit card statement for the...Tue, 01 Jul 2008 10:51:12 +0530
Another credit card fraud case has been busted in the country. The Mumbai Police Crime Branch has blown the lid of a credit card fraud worth over Rs 25 lakh. The police is said to have arrested three people, who allegedly used the credit card details of over 100 customers to purchase online airline...