BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Bank has launched instant credit cards enabling its savings account customers to get a credit card instantly, in a completely digital and paperless manner recently?
A
State Bank of India
B
ICICI Bank
C
Axis Bank
D
Bank of Baroda
Explanation: 

Detailed explanation-1: -ICICI Bank | ICICI Bank introduces ‘PayLater’, an instant digital credit facility for small payments.

Detailed explanation-2: -1. HDFC Bank instant approval credit card. HDFC Bank credit cards are not only 100% secure, but they also provide instant activation and ownership.

Detailed explanation-3: -ICICI Bank Instant Platinum Credit Card is a secured credit card that is issued against a fixed deposit. Anyone who can open a FD account with at least Rs. 20, 000 can avail this credit card. Cardholder will earn interest on the deposited amount.

Detailed explanation-4: -The three variants of the card are named Celesta, Imperio and Signet, each of which is designed to cater to the needs of different segments of customers. Federal Bank on Friday launched its credit card in association with Visa.

Detailed explanation-5: -Central Bank of India was the first Bank to introduce credit cards in India.

There is 1 question to complete.