CO BRANDED CREDIT CARDS?? By HOUSING FINANCE COMPANIES RBI
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Among other instructions issued in the revised guidelines, the RBI has said that like NBFCs, all HFCs will now be allowed to hedge the risks arising out of their operations and to issue co-branded credit cards.
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Wow co branded credit cards???? now i am all tingly tingly
lets see what offers we get.. .hope they dont promote cashback on home loans lol xD
They could upsell CREDIT CARD to all HOME LOAN CUSTOMERS and given RBI & tax implications NO CB on HOME LOAN is what I can find it hard going ahead
This means some 26 MORE financial entities can ISSUE CREDIT CARDS.... If that's what the article says
Of course Co branded credit cards but it's still better competition or is it different
so already home debt users will be again be in debt with credit cards
isn't this risky?
This is for DEPOSIT TAKING HOUSING FINANCE COMPANY and JIO or Adani isn't one
Second thing now don't come up and say again that is also going to change... This is not a Political or posting personal views.... Please stay away from making it one
May be what you said is going to be the case BUT THAT'S not the discussion is about...
@DEEPANGEORGE
@abhishek012