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Detailed explanation-1: -Central Bank of India was the first Bank to introduce credit cards in India.

Detailed explanation-2: -IndusInd Bank launches ‘IndusInd Bank Nexxt Credit Card’-India’s first interactive Credit Card with buttons.

Detailed explanation-3: -Invented in 1950, the Diners Club card is known as the first modern-day credit card. The idea came from Frank McNamara, a businessman who’d forgotten his wallet while out to dinner in New York.

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.