Credit Card Fraud in India by Foreign and Private Banks

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

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How ICICI Bank Trapped V Bala Subramanian

This is a TRUE Fact of V Bala Subramainan, a BEL Employee of Bangalore.

Bala applied for a Credit Card upon continuous bugging by the ICICI Bank Credit Card Agent.
Bala was approved of Rs 30,000 credit line which he happily used to purchase. His problems begun when he had to repay. Bala made few payments but the trap was the

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