Atul Karmarkar.Com

Surprising I know.. for a bank which used to focus on customer delight. I’ve been a happy customer for over a decade now. However, events over the past few months have left me feeling not so happy with HDFC Bank and their services / policies in general. Effective April ’10, they increased the Average Quarterly Balance (AQB) to [...]

Across the world, and particularly in India, using a credit card to shop online has always been fraught with danger, though you’re just as likely to have your card cloned when paying a bill at a restaurant. Visa Europe now tries to add a layer of security for all those who are paranoid / terrified [...]

Intuit Inc. recently launched its first India-focused product, Intuit Money Manager, an addition to the personal finance software market.

With effect from April 01, cash withdrawals from bank will not attract tax. This is following abolition of the banking cash transaction tax (BCTT) in the Union Budget 2008-09. The BCTT was introduced in Budget 2005-06 with the aim for setting an audit trail and to prevent money laundering using the banking channels and was [...]

ICICI Bank and Singapore Airlines have launched a co-branded credit card, the ICICI Bank Singapore Airlines VISA Platinum credit card.

Theft of cheques deposited in the drop boxes kept at ATMs has been on the rise lately. Taking note of this fact, the RBI has asked banks not to force their customers to drop the cheques in these boxes, Minister of State for Finance P.K Bansal said in a written reply to the Lok Sabha. RBI has further [...]

Looks like State Bank of India (SBI) has decided to flex it’s muscles big time… After slashing home loan rates to 8% for a year, they have announced an offering of auto loans at an interest rate of 10% for the first year (presently 11.50-12%). Only new buyers are eligible for this loan, and this offer is valid [...]