Letters to the editor

Feb 11 2013, 03:47 IST
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SummaryGujarat chief minister Narendra Modi, while delivering the annual Shri Ram Memorial Oration at the Shri Ram College of Commerce in New Delhi, has aptly stressed the need for developmental politics.

going to tarnish our image.

P Senthil Saravana Durai

Mumbai

Credit card fraud

This refers to the report “Global credit card fraud, tagged at $200 million, driven by Indians: US” (The Financial Express, February 6). Banks are also responsible for this fraud, to some extent. Earlier, banks used to issue only ATM cards, then came ATM-cum-debit cards. Now, the option of only-ATM cards has disappeared, and banks are offering the account holders international debit cards, whether one needs it or not. In fact, it has now become quite risky to use these cards at shops. The Reserve Bank of India should take stern action against the people involved in the credit card fraud.

Deendayal M Lulla

Mumbai

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