Friday, March 6, 2009
Indian Credit Card Industry Buckles in Sub-Prime
In US, it was the housing segment that dominated sub-prime borrowing. In India , it has been the credit card business. Sub-prime lending or lending to less-than-qualified borrowers has already made 22 lakh cards out of circulation in the country.
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- Pressure Not Just on Satyam; IT’s Big-4 Feel Heat
- DLF Tries to Mend Ways; But Will Anybody Believe?
- Indian Credit Card Industry Buckles in Sub-Prime
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