Sunday, March 7, 1999 |
ITS a game of cards.
The players financial institutions. The stake -
market share. Hold your breath! War is on the cards or
more precisely cards are on a war. Credit, a dreaded word
not long ago, has suddenly become the buzzword and credit
card, unheard of till some five years back, has become
the latest mantra. Propelled by the recession bug,
corporate sector and individuals are keen to buy on
credit, and credit cards are being eyed as the best
option. To top it, even the government does not want to
ban this plastic, for it is a cash cow. |
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