Mumbai: Growing defaults are forcing banks to shrink their credit card portfolios aggressively. In the first five months of fiscal 2009, the credit card base in India has fallen by 1.5 million to 26.73 million, according to the Reserve Bank of India, or RBI.
Bankers said the trend has intensified in recent months and the [...]
Archive for November 7th, 2008
Banks cut down on credit card business over rising defaults
Posted in Bank, credit card, finance, personel credit on November 7, 2008 | 1 Comment »
Wat Phra Kaew, Temple of the Emerald Buddha At Bangkok
Posted in Bangkok Thailand, emerald buddha, wat phra kaew, wat pra kaew on November 7, 2008 | Leave a Comment »
Wat Phra Kaew (วัดพระแก้ว), the Temple of the Emerald Buddha, and the adjoining Grand Palace together form perhaps the greatest spectacle for the visitor to Bangkok. Despite the fact that the whole compound is so full of tourists [...]