CURRENT AFFAIRS

Detailed explanation-1: -SBI Cards and Payment Services has tied up with Fabindia to launch an exclusive co-branded contactless credit card - Fabindia SBI Card. The card is designed with curated benefits and privileges to offer a rewarding shopping experience to its premium customers.

Detailed explanation-2: -The EMV-compliant FAB Share card incorporates a fingerprint sensor that stores the cardholder’s biometric data and allows them to authenticate transactions by holding their thumb on the sensor when making a payment.

Detailed explanation-3: -SBI Card has joined hands with lifestyle retail chain Fabindia to launch two co-branded contactless credit cards namely Fabindia SBI Card and Fabindia SBI Card Select catering to the premium segment customers. Best suited for earning reward points on retail spends with value back on various spending categories.

Detailed explanation-4: -Punjab & Sind Bank has partnered with SBI Card to launch co-brand credit cards for its customers.

Detailed explanation-5: -Praveena Rai, COO, NPCI said, “We are glad to associate with Yatra, SBI Card and JCB to launch this contactless credit card on RuPay’s expansive network. We believe this card will emerge as the ultimate travel companion for customers and offer a rewarding travel experience to millions of customers.