This paper is published in Volume-4, Issue-2, 2018
Area
Credit Cards
Author
Shrikesh Poojari
Org/Univ
K. C. College of Engineering and Management Studies and Research, Navi Mumbai, Maharashtra, India
Keywords
Credit card working, Current scenario, Role of CBIL.
Citations
IEEE
Shrikesh Poojari. Current scenario of credit card In India and role of CBIL in credit cards, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.
APA
Shrikesh Poojari (2018). Current scenario of credit card In India and role of CBIL in credit cards. International Journal of Advance Research, Ideas and Innovations in Technology, 4(2) www.IJARIIT.com.
MLA
Shrikesh Poojari. "Current scenario of credit card In India and role of CBIL in credit cards." International Journal of Advance Research, Ideas and Innovations in Technology 4.2 (2018). www.IJARIIT.com.
Shrikesh Poojari. Current scenario of credit card In India and role of CBIL in credit cards, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.
APA
Shrikesh Poojari (2018). Current scenario of credit card In India and role of CBIL in credit cards. International Journal of Advance Research, Ideas and Innovations in Technology, 4(2) www.IJARIIT.com.
MLA
Shrikesh Poojari. "Current scenario of credit card In India and role of CBIL in credit cards." International Journal of Advance Research, Ideas and Innovations in Technology 4.2 (2018). www.IJARIIT.com.
Abstract
Oxford Dictionary and Thesaurus define “credit card authorizing purchase of goods on credit”. Credit cards are innovative instruments in the area of financial services offered by commercial banks. The concept of credit cards was first developed by Diners’ club a credit card is a plastic card having a magnetic strip now recently replaced by chip card issued by a bank or business authorizing the holder to buy goods or services on credit.