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Banking - General Knowledge Questions
Which Bank has launched the "Union MSME RuPay Credit Card" in association with the National Payments Corporation of India (NPCI)?
A)
ICICI Bank
B)
HDFC Bank
C)
IndusInd Bank
D)
Union Bank of India

Correct Answer :   Union Bank of India

The Union Bank of India has launched the ‘Union MSME RuPay Credit Card’ in association with the National Payments Corporation of India (NPCI). It is a first of its kind initiative in the industry, to provide simplified and digital delivery of Finance to Micro, Small & Medium Enterprises (MSMEs), to meet their business-related operational expenses.
 
The dedicated card for MSMEs will be available to eligible borrowers of the Union Bank of India. The Union MSME RuPay Credit Card was launched by Union Minister for Micro, Small & Medium Enterprises, Shri Narayan Rane on February 25, 2022, at the two days MSME Conclave being held in Sindhudurg district of Maharashtra.

Published On : February 26, 2022
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