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