Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.177)

177. 

__________ and Innoviti Payment Solutions launched the New Credit Card Equated Monthly Installments(EMI) offering on Point of Sale(POS) terminals.

[A]. Nainital Bank
[B]. BOB Financial Solutions Limited
[C]. Jammu & Kashmir Bank
[D]. Rajkot Nagarik Sahakari Bank

Answer: Option B

Explanation:

BOB Financial Solutions Limited partnered with Innoviti Payment Solutions Pvt. Ltd to launch the New Credit Card Equated Monthly Installments(EMI) offering on Point of Sale(POS) terminals. The association of Bank of Baroda(BOB) Credit Card with Innoviti Payment Solutions will enable BOB credit card holders to access EMIs that can be repaid conveniently through their credit cards. The Bank of Baroda credit cardholders pan India can receive the service from over 70,000 Innoviti POS terminals across more than 1,000 cities.

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