CURRENT AFFAIRS

Detailed explanation-1: -Bank of Baroda (BoB)-India’s third-largest public sector bank and Bharat Petroleum Corporation Limited (BPCL)-a ‘Maharatna’ & a Fortune Global 500 Company have announced the launch of BoB BPCL RuPay NCMC Platinum International co-branded Contactless Debit Card.

Detailed explanation-2: -We are happy to introduce Baroda BPCL Co-branded Debit Card with NCMC feature that can be used for both contact and contactless transactions. It can be issued to our existing and new customers who are maintaining account with scheme codes that are eligible for issuance of Baroda BPCL Card.

Detailed explanation-3: -BPCL SBI Card is a co-branded fuel credit card jointly launched by SBI Card and Bharat Petroleum Corporation Ltd (BPCL). The credit card offers a wide range of rewards and benefits not just on purchases of fuel but also groceries, departmental stores, dining, and entertainment.

Detailed explanation-4: -The BoB BPCL RuPay co-branded debit card is powered with the “National Common Mobility Card” feature that enables contactless transactions across all the public transport systems in the country such as metros, buses, cabs suburban railways, toll, parking, and topping-up FASTags and also for retail purchases.

Detailed explanation-5: -Can all Banks issue Rupay Contactless cards? Banks which are certified by NPCI can issue RuPay Contactless cards. To know about the certifications involved, interested banks can connect to NPCI team or write to rupaynpci.org.in. Can I use my RuPay Contactless card to make a purchase of more than INR 2000/-?