- They have partnered to launch a mobile-first credit card which will prove beneficial to India’s young, tech-savvy community between the age group of 23 and 35 years.
- The card is expected to become popular during the upcoming festive season in which consumer credit demand is highest.
- The OneCard app will issue the credit card in just 3 minutes and will activate it instantly in virtual format until the physical card gets delivered.
- The control of the card can be made by the user via the app. The user can track spends and rewards to set the transaction limit on the card.
- Static Part:
- HQ of Federal Bank: Aluva, Kerala
- MD and CEO of Federal Bank: Shyam Srinivasan
- CEO of OneCard: Anurag Sinha
Question:
Q.1 Which bank partnered with OneCard to launch a mobile-first credit card?
a. SBI
b. Federal Bank
c. Axis Bank
d. Karnataka Bank
a. SBI
b. Federal Bank
c. Axis Bank
d. Karnataka Bank
