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Shocked your credit card limit’s been cut? You aren’t alone

New Delhi: Manoj Sharma (name changed to protect privacy), a 27-year old Central government employee in Delhi, got a rude shock a few days ago when the credit limit on his Barclays Bank credit card was sniped by almost half to Rs 10,000 from Rs 18,000 he enjoyed for the past 14 months. Rude because Sharma ....Read more

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It's really sad and I pity the ignorant banksBy: Victor | Sunday , 11 Jan '09 12:01:00 PM Reply | Forward It's so sad to learn what private banks are doing. I'm still holding a credit card that I got when I was at Satyam in 2005. I'm an ex Satyam employee and my credit card limit also has been slashedby 75% and zero cash limit, inspite of paying off my credit card bills in full every month for the past few years. Private banks are just acting in greed. I feel the government should step in and stop this financial racism. The credit card I have is from ICICI.

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