There’s no shame in missing a payment or two, or even three or more with your credit card or other loans. Many Filipinos are struggling to pay their bills and the pandemic that has been going on for years has certainly not helped anyone. What’s shameful though is running away from your creditors hoping time […]
The National Payments Corporation of India (NPCI) is focused on acquiring new customers to expand the base of native RuPay compatible credit cards, as the apex retail payments body is still a new entrant in this space, said a senior company official. “If you look at credit cards, we’ve recently entered the market and we’re […]
To overcome difficulties in meeting business-related expenses of MSMEs, Union Bank of India and National Payments Corporation of India (NPCI) have jointly launched a credit card for borrowers, offering interest-free credit up to at 50 days. “Union MSME RuPay Credit Card” is a new digital payment tool available for MSME customers of […]
67% say personal finance should be required in high school A survey conducted in mid-February reveals that more than two-thirds of respondents believe that a course in personal finance should be mandatory for obtaining a high school diploma. On top of that number, another 26% say it should at least be offered as a high […]
Chandigarh: Police have booked two people for allegedly deceiving a private bank out of Rs 80 lakh on the pretext of taking out a loan on a bogus bill for building materials. One of the defendants had previously been convicted of deceiving another bank out of Rs 1 crore in a similar matter. Divesh Aggarwal, […]
Getting a credit card at the very first opportunity is a dream that many young adults carry throughout their college lives. Their first job gives them the necessary eligibility to apply for a credit card. However, debt being a double-edged sword that can potentially jeopardize their financial life at the very beginning, a conservative approach […]
Prepaid Credit Card Market 2022 This research report offers Covid-19 outbreak study accumulated to offer the latest information about the acute characteristics of the Prepaid Credit Card Market. This intelligence report includes investigations based on Current scenarios, historical records and future predictions. The report contains different market forecasts related to the market size, revenue, production, […]
The World Bank will provide a loan of 115 million dollars (869 crore rupees) to India for the program (Rejuvenating Watersheds for Agricultural Resilience through Innovative Development Programme), the Ministry of Finance announced on Friday. The loan agreement was signed by the central government, the states of Karnataka and Odisha and the World Bank signed […]
All things considered, few people would find the Capital One Platinum* Secured Credit Card the best option available to them. Compared to other secured credit cards – which generally require a security deposit to maintain your line of credit and are designed for those with no credit or bad credit — Capital One’s offer is […]
In one of the most blunt and direct attacks on his own party government, BJP MP Varun Gandhi said on Friday that a ‘strong’ government should take ‘strong’ action against the ‘super corrupt system’ in which bank loan fraud is charged as Vijay. Mallya, Nirav Modi and Rishi Agarwal are thriving. The frequency of Varun’s […]
ED has registered a criminal money laundering case against ABG Shipyard Ltd, its former promoters and others for allegedly defrauding a consortium of banks out of more than Rs 22,842 crore, official sources said on Wednesday. The action comes days after the CBI registered an FIR in the country’s biggest alleged bank loan fraud […]
The Central Bureau Of Investigation (CBI) has recorded the biggest bank loan scam in its history as Gujarat-based shipbuilding company ABG Shipyard committed fraud of Rs 22,842 crores. Apart from the agency file, it is the biggest fraud in the history of India. ABG Shipyard Ltd (ABGSL) is the flagship company of the ABG Group […]
Image source: PTI Supervisory circulars issued against ABG shipyard administrators in nearly 23,000 crore fraud case Strong points CBI has issued lookouts against Rishi Kamlesh Agarwal, former chairman of ABG shipyard. Such circulars were also issued against 8 other people in a case of bank fraud over Rs 22,842 crore. Lookouts have been issued to […]
Image source: Getty Images Credit cards are notorious for their high interest rates, so it’s generally best to avoid carrying a balance on your cards whenever possible. But whether you’re opening a new card or have an existing one you’re working on, you don’t necessarily have to accept its high rate as reality. In fact, […]
The case is linked to an alleged fraud to a bank loan of Rs 67 crore. (Representative) New Delhi: The Law Enforcement Directorate (ED) said on Sunday it had arrested a managing partner of a Hyderabad-based gemstone and jewelery business in a money laundering case linked to alleged fraud in a bank loan of Rs […]
In its biggest bank fraud case, the CBI has charged ABG Shipyard Ltd and its former Chairman and Managing Director Rishi Kamlesh Agarwal and others with allegedly defrauding a consortium of banks led by the State Bank of India out of more than Rs 22,842 crore.. Apart from Agarwal, the agency also named then-executive director […]
New Delhi: In its biggest bank fraud case, the CBI has hired ABG Shipyard Ltd and its former Chairman and Managing Director Rishi Kamlesh Agarwal and others for allegedly deceiving a consortium of banks led by the State Bank of India by more than Rs 22,842 crore, officials said on Saturday. Apart from Agarwal, the […]
Select’s editorial team works independently to review financial products and write articles that we think our readers will find useful. We may receive a commission when you click on links to our affiliate partners’ products. The Southwest Rapid Rewards® Credit Card Welcome Bonus mentioned below is no longer available. the current offer allows new cardholders […]
Fyncr released what it calls “the first all-in-one mobile card bill payment app” in the United States on Thursday, February 10, noting in the company’s announcement that it aims to help people manage their credit cards and save more money and spend smarter. In the ad, Fyncr bills itself as “the only platform that allows […]
Apple will let buyers pay merchants by holding phones together Apple has announced plans to introduce a contactless payment option later this year that will allow businesses to use iPhones to process transactions in stores without any additional hardware, competing with services like Square. The new “Tap to Pay” feature will allow US merchants of […]
NEW DELHI: Paisabazaar.com, a digital consumer credit platform, has partnered with RBL Bank to offer “Paisa on Demand” (PoD), a credit card. The credit card will be exclusively available on the Paisabazaar platform. According to a press release, the RBL Bank credit card will be free for life with a digital onboarding process. In addition […]
The Directorate of Law Enforcement (ED) has arrested the director of a Hyderabad-based company in connection with a money laundering investigation linked to an alleged fraud of a bank loan of Rs 370 crore, a the agency announced on Thursday. Balvinder Singh, director of PCH Corporation Ltd and other PCH group companies, was arrested on […]
If there’s one thing we’ve learned over the past two years, it’s that it’s become impossible to predict the future, especially when it comes to consumer spending trends. Covid-19 caused a massive shift in credit card spending in 2020, shifting dollars that could have been spent on travel and in-person experiences to grocery delivery, takeout, […]
KUALA LUMPUR: RHB Bank Bhd’s FY21 loan growth could end strong at 6%, driven by its mortgage and small and medium enterprise (SME) segments, according to Hong Leong Investment Bank Research (HLIB Research ) in a report. The research firm said that in the future, the bank plans to expand its auto finance franchise and […]
Vimta Labs Ltd has informed that Brickwork’s ratings have improved the credit ratings of the company’s bank facilities. The long-term rating was upgraded to BWR A with a stable outlook while the short-term rating was upgraded to BWR A1. The improved ratings of Vimta Labs Limited (VLL or the Company) reflect the continued improvement and […]
“ The credit card market research has examined the major influences for market growth. The driving factors which favorably influence the demand for credit cards, the restraining factors which limit the market expansion and their impact on the global credit cards market are explored in detail. In the report research, trends shaping the market […]
We could also see more recurring “birthday bonus” offers, especially among high annual fee cards aimed at enticing cardholders to stick around. Choose Your Own Adventure Rewards Many credit cards offer bonus rewards in specific spending categories. Increasingly, however, we’re seeing cards that give consumers a choice of these categories, and this trend towards personalization […]
With the introduction of credit cards, the way people spend their money has changed. With cashless systems available everywhere today, you don’t have to carry wads of cash or worry about security. Today, you can get great incentives through credit cards. For example, the RBL credit card offers its customers premium lounge access, discounts, a […]
The X1* card was recently unveiled, offering a handful of unique rewards and security features. It even asks for a double take aesthetically. Advertised as 17 grams of stainless steel, the card will come to you in a branded box, a different move than typical envelope issuers. In keeping with X1’s aspiration to be unconventional, […]
The federal government on Wednesday announced plans to tackle land degradation in the 19 northern states and the Federal Capital Territory with a $600 million loan from the World Bank. He revealed this during a consultative workshop on climate-resilient and nutrition-enriched agricultural innovations organized by HarvestPlus and the International Crops Research Institute for the Semi-Arid […]
THE Lusaka High Court has ruled in favor of ABSA Bank Limited in a case in which it sued fugitive Pamela Gondwe, demanding recovery of over K200,000 she owes the bank on a loan taken out in 2010. Gondwe was ordered to pay the bank K271 102.64 plus interest. In this case, the bank requested […]
The federal government revealed on Wednesday that it had secured a $600 million loan from the World Bank to address land degradation in 19 northern states and the Federal Capital Territory, FCT. This was announced by the National Project Coordinator, Federal Government, Nigeria Erosion and Watershed Management Project, NEWMAP, Salisu Dahiru, who was represented by […]
(MENAFN- Gulf Times) UK-based Global Economics awarded QIIB the “Best Bank in Qatar for Credit Card Offers 2021”, in “recognition of its leadership, quality of service and ability to deal effectively with intense competition in the local market. The honor was bestowed on the QIIB at a ceremony recently organized by The Global Economics to […]
French far-right leader Marine Le Pen has obtained a loan of 10.6 million euros from a Hungarian bank to finance her presidential election campaign, according to RTL radio on Wednesday. It comes after the National Rally presidential candidate said she was struggling to get bank loans back home. Le Pen’s party has a reputation for […]
Members of Parliament (MPs) rejected the 11 billion rand from the Treasury world Bank loan, saying it was unaffordable for an over-indebted country. Briefing of MPs on the loan on Tuesday, Enoch Godongwana, Minister of Finance said the government regularly seeks loans and that the World Bank gave it a loan for policy development. “Given […]
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People walk past a Virgin Money store in central London, Britain July 27, 2021. REUTERS/Henry Nicholls Join now for FREE unlimited access to Reuters.com Register Credit card spending returns to pre-pandemic levels Consumer confidence returns, people spend more Raises net interest margin outlook for 2022 Feb 1 (Reuters) – British bank Virgin Money (VMUK.L) said […]