BOB and Indian Navy launches Co-Branded Credit Card
Tags: Economics/Business
- BOB Financial Solutions Ltd. (BFSL), a wholly owned subsidiary of Bank of Baroda (BoB) and the Indian Navy have introduced a co-branded credit card for the personnel of the Indian Navy.
- The card will be equipped with contactless features and offered on the RuPay platform.
Note
- HDFC bank is the largest issuer of credit cards in India followed by SBI and then ICICI bank .
- Only banks can issue credit cards in India with the permission of the Reserve Bank of India.
- Bank of Baroda is the second largest Public Sector Bank in India after SBI and it is the third largest bank in India after SBI,HDFC Bank .
- The Headquarters of the Bank is : Vadodara , Gujarat
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