http://www.rupeetimes.com/news_advice/credit_cards Credit Cards News & Advice from rupeetimes.com (C) 2007 rupeetimes.com Thu, 09 Feb 2012 12:11:22 +0530 The Reserve Bank of India has agreed to the proposal of the banks' to allow third party to set up ATM networks. At present the ATMs have to be owned and braded by the banks. Once the proposal is implemented, a third party will create and operate the ATM network.The banks would then just need to be a... http://www.rupeetimes.com/news/credit_cards/rbi_accedes_with_banks_on_third_party_atms_6246.html 12345678906246 Tue, 07 Feb 2012 12:17:47 +0530 With the aim to match the standards set up existing card providers like Visa and MasterCard, the National Payment Council of India (NPCI) is set to launch RuPay debit card in March.The Chief Executive Officer and Managing Director of NPCI, Mr. A. P. Hota said, "The countdown has begun and around 20-... http://www.rupeetimes.com/news/credit_cards/rupay_debit_card_set_to_be_launched_in_march_6235.html 12345678906235 Tue, 07 Feb 2012 10:58:17 +0530 Logica India, the Indian unit of European business and service company Logica, is designing a product for payment systems for the regional rural and Cooperative banks in India.The Global Director of Innovation & Marketing Director at Logica India, Mr. G. B. S. Bindra said, "There are banks which do... http://www.rupeetimes.com/news/credit_cards/logica_india_developing_payment_system_for_rural_banks_6231.html 12345678906231 Mon, 06 Feb 2012 11:40:57 +0530 South India based Mahesh Co-operative Bank has launched ATM card. The card has been christened as Mahesh RuPay ATM Card.The card will be issued mainly to the no-frills accounts holders in collaboration with banks. ATMs provide an opportunity to the banks to reduce the transactions costs as well as i... http://www.rupeetimes.com/news/credit_cards/atm_card_launched_by_mahesh_bank_6223.html 12345678906223 Fri, 03 Feb 2012 10:56:41 +0530 The leading foreign sector lender in the country, Standard Chartered Bank has made new appointment at the post of Regional Chief Executive, India and South- Asia. Mr. Sunil Kaushal has been selected to serve at the position of responsibility.Mr. Kaushal has filled into the shoes of Mr. Neeraj Swaroo... http://www.rupeetimes.com/news/credit_cards/new_bellwether_appointed_at_standard_chartered_india_6216.html 12345678906216 Wed, 01 Feb 2012 12:05:26 +0530 The non-performing Indian operations of the credit card portfolio of Barclays, a foreign sector lender has been acquired by Kotak Mahindra Bank in India. Prior to it the former sold its performing portfolio of credit cards business in India to Standard Chartered Bank last month.The portion owned by... http://www.rupeetimes.com/news/credit_cards/barclays_credit_card_portfolio_acquired_by_kotak_mahindra_bank_6215.html 12345678906215 Wed, 01 Feb 2012 11:15:24 +0530 Leading foreign sector lender in the country, the Hong Kong and Shanghai Banking Corporation Limited (HSBC) has launched a new co-branded credit card. The card is launched with MakeMyTrip in two categories - Signature Credit Card and Platinum Credit Card.The card not only offers travel related bene... http://www.rupeetimes.com/news/credit_cards/new_credit_card_launched_by_hsbc_with_makemytrip_6211.html 12345678906211 Mon, 30 Jan 2012 16:08:19 +0530 There are often complains about the fake currency dispensed by the ATMs. Such a situation be troublesome for the customers but now there is a concrete solution for such a situation.Under any such instance the bank will be held responsible and it will have to compensate the customer.The Joint Secreta... http://www.rupeetimes.com/news/credit_cards/bank_to_compensate_if_atm_dispenses_fake_currency_6202.html 12345678906202 Fri, 27 Jan 2012 12:22:06 +0530 The largest lender in the country, State Bank of India which holds the maximum number of ATMs in the country is still on the track to further set up the ATMs.The process of installing of ATMs has undergone some development. In order to slash the cost of installation and to standardize them, now the... http://www.rupeetimes.com/news/credit_cards/sbi_still_on_track_in_the_atm_space_6194.html 12345678906194 Fri, 27 Jan 2012 12:19:05 +0530 Information Technology has found intensive use in the banking space. Most of the banking facilities available today are the gift of IT. To maintain the momentum, the industry has started feeling the requirement of trained IT professionals.The Indian Banks' Association, to ensure continuous flow of s... http://www.rupeetimes.com/news/credit_cards/banks_plan_to_create_pool_of_it_professionals_6193.html 12345678906193