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Value of credit card transactions surge by 29% in Aug

Transactions carried out using credit cards in August were worth Rs 8,078.98 crore, 29.1% more than that in the same month last year. Credit card transactions in August 2010 amounted to Rs 6,259.42 crore. The number of credit cards in circulation has, however, declined by over 6.7% to 1.75 crore as of August 31, 2011, […]

Wider placement opportunities for IGNOU students in India

The Indira Gandhi National Open University (IGNOU) Campus Placement Cell (CPC) signed a Memorandum of Understanding (MoU) with the mind aspiring Private Limited assessment to present talent pool IGNOU to work “through a test to the test IGNOU called employability AMCAT staff, followed by the chance to be successfully placed a trading platform called I-AMPE […]

PSU lenders extend offers till New Year

Public sector banks are offering discount in interest rates on auto and home loans along with other concessions this festival season to woo customers who were planning to postpone their buying decisions since interest rates have peaked. However, private sectors lenders are not considering such offerings. Offers are pouring in from these banks, which account […]

Rs 8.2 cr lost annually in credit card fraud in India

In what is seen as a problem that could affect the normal people, estimates show that Rs 8.2 crore is lost annually in India due to credit card fraud. From Kumar Mangalam Birla to normal people, there have been all sorts of victims. Ram Shanker Shukla from Lucknow got the biggest surprise when he recieved […]

Diversify to beat impulsive markets

In recent weeks, as markets moved hard to recover. Most of the key sectors such as metals, real estate, finance, technology, oil and gas, is unstable. In such circumstances, investor confidence has fallen. Restore the low-risk fixed income instruments, such as fixed deposits appear profitable. However, diversification helps you navigate through these difficult times, and […]