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Banks to clamp down on credit card holders - Biloxi Sun Herald The credit crunch is closing in on credit cards. Banks that got burned on bad mortgages are now bracing themselves for billions more in bad debt on credit cards - so they're trying to cut their losses by cutting off customers. Big-name credit card ...
- www.hindustantimes.com
RBI to help banks meet dollar shortage (Hindustan Times) COMMENT ON THIS ! Your Views! The Reserve Bank of India (RBI) has stepped in to help foreign operations of Indian banks tide over shortage of dollar liquidity caused by the global credit squeeze.
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