India’s credit limit system is ‘flawed’, says Visa India chief

Sandeep Ghosh, Group Country Manager, Visa India and South Asia, during an episode of 'Figuring Out with Raj Shamani', said banks often assign credit limits inconsistently, even for long-term customers. He admitted India’s credit assessment framework still needs to “catch up” with global standards. In many cases, a bank where a person has no history may give a higher limit.