MasterCard Ties Up with SBM Bank India

Current Context: MasterCard has partnered with SBM Bank India in order to provide its customers with an online real-time domestic and cross border payments facility.

The online real-time payment facility will be done through ‘MasterCard Send’.
With the help of this partnership, the customer will get benefits of quick, convenient and secure payment experience.
Static Part:

HQ of SBM Bank India: Mumbai
MD and CEO of SBM Bank: Sidharth Rath
HQ of MasterCard: New York, United States
CEO of MasterCard: Ajay Banga

Question:

Q.1 With which bank MasterCard has partnered to provide its customers an online real-time domestic and cross border payments facility?
a. Federal Bank
b. SBM Bank India
c. RBL Bank
d. Syndicate Bank

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MasterCard Ties Up with SBM Bank India

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