Citibank minimum balance to be Rs. 2 lakh per month? Wow. In early January this year, I received a mail from Citibank that w.e.f 01-Mar-13, they were converting my Suvidha savings account to a ‘Citibanking‘...
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...
Finally, after almost two years, we are back where we were! The Sensex closed the day at 9,975, down 606 points from yesterday. When you consider the fact that it scaled 21,207 on 10-Jan-08, it has dropped 53% in a...
With the stock markets continuing their downward spiral, investors are on the lookout for different avenues to park their funds, like fixed deposits, Gold ETF and Fixed Maturity Plans. Those looking for novelty can try...
Citibank has launched a new co-branded credit card with Delhi Metro Rail Corporation (DMRC), the Delhi Metro Citibank credit card. This is meant to be a 2-in-1 transit credit card – a first in India – which...
Came across a huge advertisement in the TOI today, showcasing Kotak Cards. The difference between this offering and those by other banks is the orientation of the card, or to put it more simply, this is India’s...
Found a letter from ICICI Bank waiting for me as I came home today. It was to inform that from 01-Jul-08, they would be revising the minimum quarterly average balance (QAB) from Rs.5,000 to Rs.10,000 for savings...
Even though investors today are a much more informed lot, there is still a lot to be done in terms of educating them on the merits of investing / not investing in certain types of companies. A case has now been...
Just returned to Pune after a great time at Goa, and found a thick envelope from American Express waiting for me. Opening it presented an invite from them offering a “pre-approved” membership of the American...
