Friday, February 13, 2009

The Satyam Fiasco : Credit Card Limits Reinstated

So, the credit card limits have been brought back to similar levels that existed before being slashed down in a frenzy. The amount of cash that can be withdrawn from the credit card also shows a non-zero value now. :)

But it still brings to fore the fact that at the end of the day, it is all business for the banks. No amount of 'relationship building' with the bank would do you any good, if bad times beckon you.

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