CURRENT AFFAIRS

Detailed explanation-1: -At Axis Bank, we are constantly striving to enhance value for our stakeholders. This one of its kind collaboration will help widen the access to credit and various digital financial offerings from Axis Bank for Airtel? s 340 million customers.

Detailed explanation-2: -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-3: -Airtel Axis Bank Credit Card is a co-branded entry level credit card. The card offers exclusive benefits to Airtel customers such as a good cashback rate, lounge access, fuel surcharge waiver, and dining benefits. At a joining fee Rs. 500, the card comes with an equivalent welcome benefit of Amazon e-voucher worth Rs.

Detailed explanation-4: -Airtel Payments Bank started with an 80:20 partnership between Bharti Airtel and Kotak Mahindra Bank. Bharti Airtel launched Airtel Payments Bank in September 2016 and went live with its pilot project in Rajasthan in November 2016.

Detailed explanation-5: -Sparsh: Embedding consumer obsession and building distinctive experience for Axis consumers. Axis Bank has embarked upon a distinctiveness program called “Sparsh” to drive consumer obsession in the Bank. Sparsh is a passion and the aspiration is to become the most consumer obsessed bank in India.