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New Delhi: Yes Bank is looking to build a brand around its credit card business and aiming to double its customer base in the segment in the next two years, the head of its credit card business said. Also, the bank is targeting a four-fold rise in its book value over the next two years. […]
Mumbai: Massive rise in retail fuel prices crowded out other discretionary spends on credit cards in December, according a report by SBI Research. Non-discretionary spends on credit cards has come back to 65% of the total spends, while discretionary spending has fallen below the trend rate of 35%, said the report authored by Soumya Kanti […]
Many people apply for a credit card without understanding how it works. The easy money entices them to swipe the card irresponsibly without thinking how to pay it back. The surprise comes later when they receive the statement loaded with heavy penalty and interest charges. Here are five questions you should ask before applying for […]
Some people find credit cards complicated and stay away from them. Some people tend to overspend and easily fall in a debt trap. But do you know when used wisely credit cards can actually put the money back in your wallet. Here is a lowdown on how credit cards work and pros and cons of […]