BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Bank has launched its RuPay Select and RuPay Platinum credit cards recently?
A
Dena Bank
B
Corporation Bank
C
Bank of Baroda
D
State Bank of India
Explanation: 

Detailed explanation-1: -On September 2021, Union Bank of India (UBI) launched a RuPay and JCB co-branded international credit card. The Federal Bank RuPay Signet Contactless Credit Card launched on 27 September 2021.

Detailed explanation-2: -SBI, ICICI Bank, Axis Bank to launch RuPay credit cards on UPI by March, BFSI News, ET BFSI.

Detailed explanation-3: -Platinum Debit card (RuPay/MasterCard/Visa) Enjoy the prime facilities with our Union Bank Platinum Debit Card and become part of Digital Economy. Avail Airport lounge facility twice in a quarter with a spend of only Rs. 2/-with Rupay Platinum Debit Card.

Detailed explanation-4: -Any bank or card issuer which chooses RuPay as a payment provider can issue a RuPay credit or debit card. RuPay network has 10 core promoter banks including State Bank of India, Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, HSBC and HDFC Bank.

Detailed explanation-5: -Mumbai, 02 September 2022: BOB Financial Solutions Limited (BFSL), the wholly-owned subsidiary of Bank of Baroda (BoB) and Snapdeal in partnership with National Payments Corporation of India (NPCI) and JCB International Co. Ltd. have announced the launch of the Snapdeal BoB JCB RuPay Credit Card.

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