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RE:Credit Card spend
by Nivedita Sarda on May 04, 2007 11:44 AM

The maximum number of people who use credit card are the people who are on regular income source and are honest in paying taxes. The business class never shop on credit card because they do not have the white money to pay the expenditure. This move in my mind is quite follish. They should encorage use of more and more credit cards as the black money will come in the channel of banking through this mode.

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