India is witnessing a growing incidence of credit card scams in online transactions. According to the 2015 ASSOCHAM-Mahindra SSG Report,about 13,300cyber crimes were reported in 2011, and this number shot up to 3,00,000by 2015. Of these reported cyber crimes, debit and credit card frauds topped the list, seeing a six-fold increase between 2011 and 2015. These […]
Electronic money, such as a credit card is a great facility today. From planning a lavish vacation to extravagant online shopping, credit cards serve a great purpose. By efficiently using credit cards, you can not only save money but also benefit from the reward points and cashback offers available! But for that, you will have […]
Small bank licensee, Ujjivan Financial Services Ltd, plans to open 100 bank branches in order to meet the regulatory norms of a small bank license. Ujjivan’s Rs 885-crore IPO was fully subscribed by 122% on May 2, the last day of its public issue. Although the RBI regulations require Ujjivan to have at least 25% […]
State Bank of India (SBI), the largest public sector bank in India, is expected to initiate a merger with its 5 associate banks in accordance with the instructions of the government. This step would be in line with the Indian government’s efforts to implement consolidation among state-owned lending institutions such as SBI and its associates. […]
Toyota Kirloskar Motor Pvt. Ltd. (Toyota), the India-based subsidiary of Toyota Motor Corporation of Japan, is all set to launch its new Toyota Innova Crysta in the first week of May. Though the official unveiling of the vehicle hasn’t occurred as of yet, a number of images and details of the new vehicle are available […]
A financial goal that transcends all regions and communities is that of owning a home. Once the required financial planning is done and necessary savings accumulated, the next question is whether to buy an apartment or an independent house.
The other day Mr. Sharma, the general manager in a private company, reached for his wallet and realised that he had lost it. His wallet contained credit cards from three different banks and two debit cards. A methodical approach after this would have been to call up each bank and report about the missing cards. […]
Out of the various offers available on a credit card,, one of the most interesting is the equated monthly installment (EMI) option for big ticket expenses you are unable to pay off immediately. The following are some key factors you need to consider before opting for an EMI conversion on your credit card debt. WHAT […]
As per data recorded during the January to March 2016 period, the Indian automobile market has witnessed robust growth despite restrictions on sale of high engine capacity diesel vehicles. During the study period, utility vehicle sales witnessed an increased by 12.7% to reach the 213,000 units mark as per data published by SIAM (Society of […]
Royal Bank of Scotland (RBS) has decided to close its corporate banking operations in India as a part of Chief Executive Ross McEwan's plan to limit RBS operations to 13 out of the present 38 countries. The decision to wind down its Indian units comes after its failure to find a buyer due to the stringent […]
