Equitas SFB partnered with HDFC Bank

November 25, 2021
Current Context: The Equitas Small Finance Bank has entered into a partnership with HDFC Bank to launch new co-branded credit cards.
Equitas SFB partnered with HDFC Bank
  • The new co-branded credit cards will provide the company with the facilities of banking.
  • The card is available in two variants namely 'Excite Credit Card’ and 'Elegance Credit Card'.
  • The 'Excite Credit Card' offers a credit limit from Rs 25,000 to Rs 2,00,000 and 'Elegance Credit Card' offers a credit of over Rs 2,00,000.
  • Various types of rewards are linked on both variants of the credit card so that users will earn benefits from it.
  • Static Part: 
    • HQ of Equitas SFB: Chennai, TN
    • MD and CEO of Equitas SFB: Vasudevan Narasimhan
    • HQ of HDFC Bank: Mumbai
    • MD and CEO of HDFC Bank: Sashidhar Jagdishan

Question: 

Q.1 In partnership with which bank has Equitas SFB launched 'Excite Credit Card’ and 'Elegance Credit Card'?
a. Canara Bank
b. HDFC Bank
c. ICICI Bank
d. Union Bank of India

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