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HPCL partnered with ICICI Bank

Published on September 27, 2021
Current Context: The Hindustan Petroleum Corporation Limited (HPCL) has partnered with ICICI Bank.
HPCL partnered with ICICI Bank
  • The partnership will allow the customers to use their ICICI Bank FASTag to purchase fuel and lubricants at HPCL retail outlets.
  • Under this partnership, the ICICI Bank FASTag commercial vehicle users will be able to avail digital experience for one tag for fuel, toll, and parking payments.
  • By doing so, the HPCL has become 1st oil marketing company to make available cashless facilities to allow FastTags for fuel purchases.
  • Static Part: 
    • HQ of HPCL: Mumbai
    • HQ of ICICI Bank: Mumbai
    • MD and CEO of ICICI Bank: Sandeep Bakhshi

Question: 

Q.1 With which bank has HPCL partnered to provide FASTag facilities to purchase fuel and lubricants at HPCL retail outlets?
a. HDFC Bank
b. SBI
c. ICICI Bank
d. Axis Bank
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