Credit Cards payments up by 22 percent

In mean time, peoples pay more money with their credit cards. Payment through credit cards up by 22 % in last financial year. But the active credit card goes down by 2.7%. Debit cards transactions increased by 46.5 % because of the increase in ATMs chains. Most of the banks issues ATM for their saving […]

Real Estate and Retail loans fall, Interest Rates hike

RBI found unequal rise in loans and real estate sector, Infrastructure sector. Banks provides lending to NBFC’s at high mass. Banking regulator not found any clue of explosion in economy, but because of these the trends goes towards asset and liability mismatched. Banking sectors concerns about inconsistent growth of credit in real estate, Infrastructure, NBFC […]

LIC Housing Finance needs speed in Banking Sector

LIC housing finance applied for new banking license. LICHF appoints two four members committees for the preparations for banking foray. LICHF responded to the RBI against the draft guideline to float a new generation bank. LICHF waits for new guidelines from RBI. LIC Housing Finance already put board level committee. The company level committee is […]

Obligation path offering higher income

One and half years tightened the monetary policy gradually by RBI interest rates have gone up sharply over last year. The increasing interest rates have changed savings landscape for investors. The prospective of debt instruments has increased over the last few months due to their increasing profits as interest rate increase up. Other side euity […]

Ambassadors are also not safe from credit card frauds

AK pandey, Ambassador, lives in GK-1, Delhi, complained that someone misused his sbi credit card. Who recently purchase 10gm gold coin in amritsar. Person name who used his credit card his name is satinder singh, resident of Guru Nanak Colony, Amritsar. When Delhi police reached Amritsar and traced the address but it was found to […]