CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank started to offer instant credit cards recently?
A
Canara Bank
B
Dena Bank
C
City Union Bank
D
Union Bank of India
Explanation: 

Detailed explanation-1: -1. HDFC Bank instant approval credit card. HDFC Bank credit cards are not only 100% secure, but they also provide instant activation and ownership. here, a potential customer is taken to the end-to-end instant digital application page wherein the issuance happens at a single click.

Detailed explanation-2: -Central Bank of India was the first Bank to introduce credit cards in India.

Detailed explanation-3: -Commenting on the partnership, Shalini Warrier, Executive Director & Business Head-Retail, Federal Bank, said, “We have always believed in the strength of partnerships to expand our reach to customers, and the launch of OneCard is yet another example of this philosophy.

Detailed explanation-4: -The Bajaj Finserv RBL Bank Freedom SuperCard (secured credit card) provides a limit of up to 100% of the FD amount.

There is 1 question to complete.