Credit Card

  • 1.5 lakh cash stolen from customer's bag in bank 23-04-2014 02:25 PM

    Cash worth Rs 1.5 lakh has been allegedly stolen from a customer's bag by unidentified persons in a bank here, police said. A customer Jagdish Meena, who holds an account of Kisan Credit Card (KCC) in the State Bank of Bikaner ~~amp;amp; Jaipur's (SBBJ) Old Dhan Mandi branch, in his...
  • 1 in every 14 Americans a victim of identity theft 13-12-2013 03:35 PM

    Washington: The US government says 1 out of every 14 Americans age 16 or older was a target or a victim of identity theft, a crime imposing a heavy emotional toll on many of its victims. According to a national household survey of 70,000 people issued by the Bureau of...
  • Allow loans on credit cards but tell customers how much EMI to pay: RBI to banks 10-10-2013 08:50 AM

    The Reserve Bank on Wednesday said it did not have any problem with banks offering loans to credit cardholders while purchasing goods or services but there needs to be transparency with the process. "There is no ban on giving loans on credit cards. Don't charge 12 per cent actually and...
  • MP govt gave Rs 9,000-cr farmer loans on zero per cent interest in 2012 13-09-2013 02:54 PM

    In a push to make agriculture more profit-oriented, the Madhya Pradesh government provided Rs 9,000 crore in loans to 30 lakh farmers on zero per cent interest rate in 2012. Stating this, an official release said in Bhopal on Friday that the state government, under the leadership of Chief Minister...
  • Only 3.6 per cent Indian households undertake cashless transactions 07-09-2013 11:33 AM

    New Delhi: Just 3.6 per cent households in the country undertake cashless transactions, although the government and the Reserve Bank have been taking steps to promote e-payment channels, says a report. It cited poor acceptance of cards by sellers and lack of awareness about cashless systems/options as the two main...
  • Delhi Police arrests con man for credit card frauds 15-07-2013 10:30 AM

    New Delhi: A con man from Maharashtra who cheated ICICI Bank customers by obtaining their credit card data has fallen into the Delhi Police net after illegal online transactions of over Rs 1 crore in the past one year, said an official on Sunday. Raju Tevar was arrested last week...
  • ICICI credit card scam: Police arrests main accused, tracks his location using Facebook 14-07-2013 08:12 PM

    New Delhi: Delhi police have busted a credit card scam involving ICICI bank. The main accused was tracked down using his Facebook location and pictures. The con man, Raju Tevar, had cheated ICICI Bank customers by obtaining their credit card data. Investigators found his photograph on his account on Facebook,...
  • Naveen distributes free mobile phone sets among farmers 19-06-2013 01:41 AM

    Bhubaneswar: Odisha Chief Minister Naveen Patnaik on Tuesday distributed 5,000 mobile phone sets among farmers while launching the scheme. "The farmers can access the market information related to agriculture through the mobile phones," Patnaik said, adding that they would get voice calls and SMS in Odia language. Inaugurating the Digital...
  • US: Global $200 million credit card hacking ring busted 06-06-2013 12:26 AM

    New York: Eleven people in the United States, the UK and Vietnam have been arrested and accused of running a $200 million worldwide credit card fraud ring, US and UK law enforcement officials said on Wednesday. "One of the world's major facilitation networks for online card fraud has been dismantled...
  • AP: Three members of white collar criminal gang arrested 22-05-2013 12:45 AM

    Hyderabad: Three members of an inter-state white collar criminal gang who allegedly indulged in fraudulent transactions worth over Rs 3 crore from across the country, including the national capital, were arrested on Tuesday, the police said. The accused, including Anshul Thapar from Ludhiana, K Govardhan from Chitoor in Andhra Pradesh...
  • West Bengal government achieves 7.6 per cent GDP growth 17-05-2013 01:29 AM

    Kolkata: The West Bengal government achieved 7.6 per cent growth in GDP compared to the national average of 4.96 per cent during the last financial year. In industry, the growth rate was 6.24 per cent against the national average of 3.12 per cent, Finance Minister Amit Mitra claimed while releasing...
  • Delhi: Four arrested for using 57 fake credit cards 03-05-2013 05:57 AM

    New Delhi: Four people were arrested for using 57 fake credit cards to dupe a major bank of over Rs 40 lakh to support their lavish lifestyles, police said on Thursday. Mayank Jain, 28, Roshan Dass, 27, Kuldeep Srivastava, 23 and Ashok Ganwani,35 got the cards issued from Citibank on...
  • US: Website publishes crucial personal details of Romney, Tiger Woods, others 16-03-2013 06:05 PM

    Details include their financial details, credit card debt amounts and mortgage information. ...
  • Watch: Bank creates diamond encrusted pure gold credit card 31-10-2012 06:36 PM

    Kazakh bank Sberbank has created a diamond encrusted credit card made from gold for its top 100 customers. The card made with Visa does not have a magnetic swipe but can be used for chip and pin transactions. The cards are made of pure gold inlaid with 26 diamonds and...
  • Hackers steal Israeli credit card numbers 03-01-2012 04:54 PM

    Jerusalem: Computer hackers published details of thousands of active Israeli credit cards after breaking into Israeli websites, the chief executive of Israel's largest card company said Tuesday. Dov Kotler, CEO of Isracard, a unit of Bank Hapoalim, said in a statement that a file containing 400,000 Israeli credit card numbers...
  • Chennai: four arrested in credit card fraud 31-10-2011 09:28 PM

    Chennai: In a major crackdown on credit card fraudsters, the Central Crime Branch of the Chennai Police has arrested a four member gang in Chennai. In the last one month three such gangs have already been nabbed for using various methods to commit frauds with both credit and debit cards....
  • Chennai: four arrested in credit card fraud 31-10-2011 06:37 AM

    Chennai: In a major crackdown on credit card fraudsters, the Central Crime Branch of the Chennai Police has arrested a four-member gang in Chennai. In the last one month three such gangs have already been nabbed for using various methods to commit frauds with both credit and debit cards. Additional...
  • Hiking savings rate may be a bad idea: Experts 25-10-2011 05:01 PM

    New Delhi: The war continues. RBI has been continuously showering interest rate hikes on the advancing inflation, making GDP growth the sacrificial lamb in the process. On Monday, RBI yet again spiked up rates another 25 basis points even as GDP growth targets were revised downward to sub-8 per cent...
  • Rs 8.2 cr lost annually in credit card fraud 10-10-2011 09:55 AM

    New Delhi: In what is seen as a problem that could affect the aa aadmi, estimates show that Rs 8.2 crore is lost annually in India due to credit card fraud. From Kumar Mangalam Birla to the aam aadmi, there have been all sorts of victims. Ram Shanker Shukla from...
  • US credit card fraud: 13 NRIs among 111 charged 08-10-2011 09:44 PM

    New York: At least 13 persons of Indian origin are among 111 people charged in the busting of a $ 13 million global crime ring, the biggest in US history involved in forged credit cards and identity theft. Announcing the uncovering of the ring on Friday, Queens county district attorney...
  • Google offers credit card to advertisers 21-07-2011 07:43 AM

    San Francisco: Google Inc is introducing a credit card for its advertising customers, offering its clients a credit line to try and drum up business as competition in the online ad market heats up. Google is offering the card to select US clients with what it calls a competitive interest...
  • WikiLeaks getting credit card funds 08-07-2011 07:28 AM

    London: WikiLeaks has again begun accepting credit card donations, a company affiliated with the secret-spilling site said Thursday. Andreas Fink, the chief executive of Icelandic payment processor DataCell, told The Associated Press that Visa and MasterCard were again processing payments to WikiLeaks after a seven-month hiatus. Fink claimed the move...
  • Google launches Wallet pay-by-phone system 27-05-2011 12:44 PM

    New York: US shoppers soon will be able to use mobile phones to pay for things at the checkout counter under a system unveiled by Google Inc and other major companies. Google, MasterCard, Citigroup, Sprint and transaction processing company First Data will make the service available this summer in New...
  • Google to unveil mobile payments 25-05-2011 09:39 AM

    New York: Google Inc will take the wraps off a mobile payment system on Thursday that lets consumers pay at checkout with phones instead of cards, a source said, hoping to beat Visa and others to the punch. The Internet search and advertising leader will work with MasterCard Inc, the...
  • Sony breach could cost card lenders $300 mn 29-04-2011 06:46 AM

    New York: Credit card lenders could be facing more than $300 million of card replacement costs if customers affected by the Sony Corp data breach decide to replace their credit cards. Analysts have previously estimated that the incident could cost Sony more than $1.5 billion, but this is the first...
  • MBA couple arrested for credit card fraud 26-02-2011 09:26 PM

    New Delhi: Young, educated and affluent - that's the face of the latest credit card fraud in Delhi. A Post Graduate from a London University and an MBA Mukul Garg and his fiance, Alisha Sharma, who is pursuing an MBA have been arrested by the Delhi Police for allegedly cloning...
  • Credit cards saves bouncer from knife attack 13-01-2011 04:10 PM

    Berlin: A wallet stuffed with 20 plastic cards and a stroke of luck saved a pub doorman in western Germany from serious injury during a knife attack. A customer ejected from the pub in the city of Witten on Sunday stabbed its 31-year-old doorman four times in the chest with...