CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company is going to partner with various banks for Co-Branded credit cards?
A
PhonePe
B
Amazon
C
Reliance
D
Paytm
Explanation: 

Detailed explanation-1: -Tata Neu and HDFC Bank on Wednesday announced a partnership to launch co-branded credit cards. The card will be launched in two variants: Tata Neu Plus HDFC Bank Credit Card and Tata Neu Infinity HDFC Bank Credit Card.

Detailed explanation-2: -Samsung India, Axis Bank launch co-branded Credit Card.

Detailed explanation-3: -Samsung, India’s largest consumer electronics company, and Axis Bank, India’s third largest private sector bank, have partnered to launch an exclusive co- branded credit card, powered by Visa.

Detailed explanation-4: -Tata Neu HDFC Bank Credit Card Details: HDFC Bank and Tata Neu have partnered to launch the ‘Tata Neu HDFC Bank Credit Card’. It will be available in two variants and allow customers to earn rewards on all spends, both online and in-store in the form of NeuCoins.

Detailed explanation-5: -SBI Cards and Payment Services on Thursday announced that it has partnered with Punjab & Sind Bank to launch co-brand credit cards for the bank’s customers. The company said that the collaboration also marks the introduction of ‘credit cards’ as a new product segment under the bank’s portfolio.

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