SVC Co-operative Bank partners with NPCI

Current Context: The Shamrao Vithal Co-operative Bank Ltd (SVC Bank) has entered into a partnership with National Payments Corporation of India (NPCI).

• They have entered into a partnership to launch a rewards programme.
• They launched loyalty management program with an aim to provide ease and rewardable banking experience to the customers.
• Under this reward program, customers will earn points upon using SVC Bank’s cards and its digital solutions.
• The reward points can be redeemed to purchase products and services like electronics, sports, home decor, lifestyle, health etc.
• Static Part: 
• HQ of SVC Co-operative Bank: Mumbai
• MD of SVC Co-operative Bank: Ajit E Venugopalan
• HQ of NPCI: Mumbai
• MD and CEO of NPCI: Dilip Asbe

Question: 

Q.1 Which bank partnered with NPCI to launch a rewards programme?
a. Oriental Bank of Commerce
b. SVC Co-operative Bank
c. Saraswat Bank
d. Cosmos Bank