Question
Equitas Small Finance Bank announced its partnership
with _______ for the launch of its new co-branded credit cards, to provide the company with the facilities of the banking ecosystem.Solution
Equitas Small Finance Bank announced its partnership with HDFC Bank for the launch of its new co-branded credit cards, to provide the company with the facilities of the banking ecosystem. The credit card can be availed in two categories. The first category is the 'Excite Credit Card' which offers a credit limit from Rs 25,000 to Rs 2,00,000 and the second category is the 'Elegance Credit Card' which offers credit of over Rs 2,00,000. This co-branded credit card is a value add to the customers who want to get rewarded.
The new guidelines include amending the automatic approval list by significantly expending the role of the Foreign Investment Promotion Board.
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