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HDFC Bank credit card to levy forex markup fee on use in India with overseas merchant

The bank has said rent payments will not earn reward points, and redemption of reward points on various cards have been capped in certain segments. IMAGE: Kindly note that this image has been......

Banks entice uber rich with super-premium credit cards

It is an area where Indian banks had rarely ventured in the past but the concept of credit cards for the uber-rich is fast gaining popularity among local lenders.Superior credit quality, large......

Credit card issuances rise for third month

According to the latest data released by the Reserve Bank of India (RBI), the number of credit cards in the country increased by 128,000 in May.HDFC Bank added the most number of cards in May......

Credit card base of public sector banks rise

Credit cards appear to have found favour with public sector banks, which had, so far, been reluctant in expanding their unsecured loan portfolios aggressively. According to data available with RBI,......

Gold is old, credit card users opt for rewards, cashback

Only a couple of years earlier, gold and platinum cards were perceived as enhancing the social status of cardholders. However, customers are now exploring value propositions while selecting credit......

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