This time majority is looking for a home in the range of Rs 15-50 lakhs range.
Great news for middle income holders as DLF is coming up with Rs 15,000 crore projects over the next 3 years to build various residential projects in the range mentioned above.
Bangalore, Indore,Gurgaon, Kochi, Hyderabad, Kolkata & Pune will be their targeted destination for affordable housing.
Friday, December 19, 2008
The updown of Rupee against dollar
Market is not becoming stable and creating problems for investors as they are unable to decide when the right time to invest.No doub some luck also play a crucial role in investting. In the past the value of rupee was 40 against dollar but now it is 46 approx.
Wednesday, September 10, 2008
Standard Chartered 2 in 1 debit, credit card launched
Good news for all people. From now you need not to keep two separate cards — credit and debit card in your wallets — you can now manage with a single card means it will work as 2 in 1.
Standard Chartered bank unveiled a new card which will provide the customer the choice of the same plastic as a credit card or a debit card. Other banks are also planning for the similar kind of products. There are close to 27 million credit cards and 110 million debit cards now. Most banks have been pushing debit cards to their customers by converting their ATM cards to debit cards.
How it works in India: ?
The technology of using the card as a debit or credit cards doesn't rest on the card. It works on the back-end technology of the bank. A customer while applying for the new card — '1Money' — will have to choose an option between a debit and credit card which would be the default option. After every transaction, the customer will get an SMS which would ask the customer whether he wants to use the debit or the credit card option. The customer can do the switch in a 24-hour time frame. If the customer doesn't choose the option, the transaction will be done on the default option of the card.
How it works Internationally : ?
Internationally, the bank has launched a card, whereby a chip is embedded in the card and when the customer swipes, will give the option of a debit or a credit card. However, such a product cannot be launched in the country as the electronic data capture (EDC), terminals have not been enabled, according to Sai Narain CDK, head consumer transaction banking andstrategic initiatives, Standard Chartered.
Standard Chartered bank unveiled a new card which will provide the customer the choice of the same plastic as a credit card or a debit card. Other banks are also planning for the similar kind of products. There are close to 27 million credit cards and 110 million debit cards now. Most banks have been pushing debit cards to their customers by converting their ATM cards to debit cards.
How it works in India: ?
The technology of using the card as a debit or credit cards doesn't rest on the card. It works on the back-end technology of the bank. A customer while applying for the new card — '1Money' — will have to choose an option between a debit and credit card which would be the default option. After every transaction, the customer will get an SMS which would ask the customer whether he wants to use the debit or the credit card option. The customer can do the switch in a 24-hour time frame. If the customer doesn't choose the option, the transaction will be done on the default option of the card.
How it works Internationally : ?
Internationally, the bank has launched a card, whereby a chip is embedded in the card and when the customer swipes, will give the option of a debit or a credit card. However, such a product cannot be launched in the country as the electronic data capture (EDC), terminals have not been enabled, according to Sai Narain CDK, head consumer transaction banking andstrategic initiatives, Standard Chartered.
Subscribe to:
Posts (Atom)
