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  #1  
Old 18th October 2007, 05:23 PM
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Hi,

Can an NBFC issue credit card in India?
Which are the other banks/NBFC's issuing Secured Credit card apart from ICICI?
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Old 18th October 2007, 11:03 PM
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nbfc can issue credit cards too.

American Express is not a bank (in India) and still issues credit cards.

================================================

some banks offer secured credit cards.

however, banks tend to push normal credit cards and keep secured credit cards hidden.

this is because secured credit cards have a much lower rate of interest.

================================================

I could not find much information about other secured cards in India.

I just found this one:

Axis Bank secured credit card.
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