Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1)
1.
Which bank launched its first credit card portfolio in collaboration with Mastercard?
RBL Bank
IDFC FIRST Bank
Bandhan Bank
Federal Bank
Answer: Option
Explanation:
Bandhan Bank launched its inaugural credit card portfolio in collaboration with Mastercard, marking its entry into the credit card segment as a universal bank. The portfolio includes four variants: Sparks, Ignite, Flare and Lumina, designed for different customer segments and spending preferences. Sparks targets Gen Z customers, while Ignite focuses on travel and grocery spending. Flare is a travel-oriented card offering golf privileges and Amazon Pay vouchers, and Lumina is a premium card with concierge services and airport meet-and-greet facilities. The cards also provide benefits such as fuel surcharge waivers, EMI cashback and EazyDiner rewards through a digital-first application and servicing journey.
Discussion:
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