India Credit Cards Review, Advise & Market Research
Credit Adviser
The Ministry of Finance just a while ago informed the Lok Sabha about the fraud in Credit Cards by PSU Banks, Private Banks and Foreign Banks and Institutions.
The data suggests that Private Banks and Foreign Banks have registered the highest rate of growth in Credit Card Fraud. while PSU Banks have placed all checks to resist fraud and have
Read moreCredit Card Fraud in India by Foreign and Private Banks
Indians still prefer to spend Cash rather than using Credit Cards. Sure it always makes sense not to use Credit Cards in India because of the rampant irregularities by Credit Card companies themselves.
Data
British Financial Giant, Barclay’s Bank is entering the Indian Credit Card industry very soon. Barclay’s plan to launch three cards – BarclayCard Gold, Barclay Card Smart Budget and Barclay
State Owned Corporation Bank just a while ago launched Credit Card in association with VISA. The card is branded as CorpBank International Visa – Classic and Gold Credit Cards. [On your Left is Photo of RBI Deputy Governor V leeladhar
Read moreCorpBank launched Visa – Classic and Gold Credit Card
Credit Card companies operating in India have ripped off Rs 6,000 crore or USD 1.5 Billion in 10 years from innocent Indian consumers. The Rs 6,000 crore has been ripped off as EXTRA
Citibank and HSBC have violated RBI norms while dealing with Credit Cards in India. The investigative agency of Governmnet of India [MRTPC] has recommended actions against both the banks. We all know that Credit Card companies in India are worse than underworld financing. Here are some of the serious crimes and offences committed by Citibank and HSBC.