Standard Chartered Bank's "Ultimate" credit card will give range of benefits like Rs 10,000 cashback on spends on a specific ...
Federal Bank did not disclose the financial details or the size of the portfolio involved in the proposed deal, noting that the transaction is subject to execution of a formal agreement.
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Federal Bank to acquire up to 4.5 lakh credit cards from Standard Chartered in retail push
Federal Bank is set to expand its credit card business by acquiring up to around 4.5 lakh cards from the India standalone retail portfolio of Standard Chartered Bank. The two lenders are expected to ...
India's Federal Bank said on Thursday its board has approved a plan to acquire a select portfolio of retail credit cards from Standard Chartered Bank's local unit.
Note: As of 5 December 2022, the Standard Chartered Unlimited Cashback Credit Card was renamed to the Simply Cash Credit Card along with a card redesign. Looking for a straightforward credit card with ...
Up to 4.5 lakh cards to be added; metro presence to expand Federal Bank has entered into an agreement with Standard Chartered Bank to acquire a select credit card portfolio, in a move aimed at ...
Federal Bank is set to acquire a significant credit card portfolio from Standard Chartered Bank. This deal involves approximately 450,000 cards. The acquisition will boost Federal Bank's existing ...
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