Kotak Myntra Credit Card with zero fee for upto 3 years

[Chitra007]

https://www.myntra.com/cbc/store

 

[Strange]

Who is the Bank here??
Bank is an entitiy which is run by the different people who are structured in a hierarchy.... and the highest in that order is BOD..
Okay just leave the discussion here...

Is State Bank of India controlled by Government of India?

State Bank of India is controlled by the Government of India, as it is a public sector undertaking. The Government of India owns 57.64% of SBI's shares, while the rest are held by institutional investors, mutual funds, and the public.

Is SBI Cards controlled by Government of India?

State Bank of India (SBI) is the largest public sector bank in India, offering various banking and financial services to its customers. SBI Cards is a credit card company that was launched by SBI and GE Capital in 1998. SBI Cards offers different types of credit cards to suit the needs and preferences of its customers.

SBI Cards is not controlled by the Government of India, but by SBI and The Carlyle Group, a private equity firm. In December 2017, SBI and The Carlyle Group acquired GE Capital's stake in SBI Cards. In March 2020, SBI Cards became the first pure play credit card company to list on the stock exchanges in India. SBI is the majority stakeholder in SBI Cards, with 69.74% shareholding, while The Carlyle Group holds 26.03%. The remaining 4.23% is held by the public.

 

[apindersingh]

But only for UPI spends above Rs.2000 🙁

Is 1.25% cashback applicable for regular online spends?

 

[panchabhut]

I don;t need to know about the other PSUs..
Lets concentrate on SBI here ..

The public perception of "govt company" comes from the way the Govt runs most of the PSU and interferes on a daily basis in their functioning. In most cases, instead of the appointed Board of Directors, it is the respective Ministry and the Secretary/Minister of that Ministry who takes the final decision. So when taking about whether SBI is a "govt co" or not, we cannot ignore other PSU.

And SBICPSL is not a Govt co as the total shareholding of the Govt, indirectly via SBI, is 39% i.e. less than 50%.

 

[SSV]

Is State Bank of India controlled by Government of India?

State Bank of India is controlled by the Government of India, as it is a public sector undertaking. The Government of India owns 57.64% of SBI's shares, while the rest are held by institutional investors, mutual funds, and the public.

Is SBI Cards controlled by Government of India?

State Bank of India (SBI) is the largest public sector bank in India, offering various banking and financial services to its customers. SBI Cards is a credit card company that was launched by SBI and GE Capital in 1998. SBI Cards offers different types of credit cards to suit the needs and preferences of its customers.

SBI Cards is not controlled by the Government of India, but by SBI and The Carlyle Group, a private equity firm. In December 2017, SBI and The Carlyle Group acquired GE Capital's stake in SBI Cards. In March 2020, SBI Cards became the first pure play credit card company to list on the stock exchanges in India. SBI is the majority stakeholder in SBI Cards, with 69.74% shareholding, while The Carlyle Group holds 26.03%. The remaining 4.23% is held by the public.

You’re telling the same thing as me

 

[prc1990]

About an hour ago, when I saw that message I sent this DM to the whistle blower..
This should be SOP..

View attachment 44289

Sorry did I violate any SOP or the person who posted sensitive info did? I deleted my comment post your conversation.

 

[Vasuki]

Any mcc

Any mcc excluded from 1.25% cashback ?

Unless bug u will get it ..
Avoid fuel , rent , cc

 

[Vasuki]

In order to be a "govt company" the total shareholding of the govt, either directly or through any other co, needs to be min 50%. SBICPSL fails that test.

We are moving towards more privatization.
.whats the point we are discussing in ?
That gov has too much involvement in banks ?

 

[Aniket]

In order to be a "govt company" the total shareholding of the govt, either directly or through any other co, needs to be min 50%. SBICPSL fails that test.

P.S: Irony is; without having knowledge in this topic, you're just arguing with us since then, neither felt important to consider others' replies nor cross checking.

 

[codenerd]

Kotak card easily milne ka ek rasta hai unka account open krwalo. Zero balance 811 bhi chalega. 1-2 months me pre approved offers aane lag jate hai.

Thanks but aisa krte krte itne accounts ho jaenge mere paas ki mujhe ghar se nikaal diya jaega kyunki mera accountant takla ho jaega sab accounts and transaction reconcile krte krte 😂

 

[Aniket]

You’re telling the same thing as me

He copied and pasted. 😂

 

[Vasuki]

Thanks but aisa krte krte itne accounts ho jaenge mere paas ki mujhe ghar se nikaal diya jaega kyunki mera accountant takla ho jaega sab accounts and transaction reconcile krte krte 😂

Jonny having another sins accountant.

 

[samm255]

mera accountant takla ho jaega

Bhai ye DP me kiski photo hai? accountant ki? 😆

 

[prc1990]

Thanks but aisa krte krte itne accounts ho jaenge mere paas ki mujhe ghar se nikaal diya jaega kyunki mera accountant takla ho jaega sab accounts and transaction reconcile krte krte 😂

Aj amar mon bhalo nei 🫠.

 

[SSV]

Bhai ye DP me kiski photo hai? accountant ki? 😆

His DP and your DP are somewhat related 😉 🤣

 

[Chaitanya-a]

Is 1.25% cashback applicable for regular online spends?

Yes we do get 1.25% cashback for regular online spends except these categories:

▪ Rent Payment (6513)
▪ Fuel Spends (5983, 5541, 5542, 5172, 5552)
▪ EMI transactions
▪ Post Purchase EMI
▪ Wallet loading transactions (6540)
▪ Cash advances

 

[pavan000]

Here comes the first hit of the year ig 🌚

Cibit hit done

 

[Aniket]

Aj amar mon bhalo nei 🫠.

Bengali 😉
What is the reason behind your bad mood?😐

 

[pavan000]

Applied. didn't show any fee. Video kyc done.

 

[Aniket]

Applied. didn't show any fee. Video kyc done.

Haven't received your application through email?

 

[pavan000]

Haven't received your application through email?

Not yet. But received approval SMS and vitural card on myntra app. Where to check for fee details.