Axis Bank launches a co branded credit card with Airtel
Indian private bank Axis bank has launched a co-branded credit card for the customers of the second largest telecom company in India,Airtel.
Airtel being a telecom company cannot issue credit cards on its own .
Only banks in India regulated by the Reserve Bank of India can issue credit cards in India .
Important for Exam
Axis Bank : It started its business as UTI bank in 1993. It’s name was changed to Axis Bank in 2007.
Headquarters of Axis Bank : Mumbai, Maharashtra
Managing Director and Chief Executive Officer : Amitabh Chaudhary.
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