Strong Credit Card Portfolio – Next Leg of Growth for Banks

We see an opportunity for Indian banks from the shift towards newer and inexpensive payment platforms and better penetration of non- balance sheet products like Credit Cards. Banks that make money through ATM interchange fees are likely to see higher income through debit / credit card transactions. On the other hand, a strong retail customer […]

Vijaya Bank Launches V-Platinum, V-Privilege Credit Cards

State Owned Vijaya Bank just a while ago announced the launch of two new types of Credit Cards for its Banking Customers – V-Platinum and V-Privilege Credit Cards. Features of Vijaya Bank’s V-Platinum Credit Card This card is intended for HNI customers of the Bank. Minimum Credit Limit will be Rs 200,000 with no maximum […]