USF Bank is planning to launch secured credit card very soon

[jetesh]

Utkarsh Small Finance Bank is planning to enter the secured credit card business
News Source : https://www.moneycontrol.com/news/business/mc-interview-utkarsh-sfb-to-enter-secured-credit-card-space-soon-says-md-ceo-govind-singh-11696371.html

 

[RishiKiDev]

Utkarsh Small Finance Bank is planning to enter the secured credit card business

Can small finance banks launch credit card products?
I thought only scheduled banks can do that.

New day, new learning!

 

[RAMESH BABU N]

Have you not heard of AU Bank, an SFB, issuing CCs ?

 

[RishiKiDev]

Have you not heard of AU Bank, an SFB, issuing CCs ?

Yes sir I have heard about it. Just slipped out of my mind.

Is there any special conditions needed to be fulfilled by an SFB to issue credit cards?

You were a banker if you could explain how these SFBs work it would be a great learning opportunity for a young Surgeon who doesn't know much about banking stuff.

 

[RAMESH BABU N]

Yes sir I have heard about it. Just slipped out of my mind.

Is there any special conditions needed to be fulfilled by an SFB to issue credit cards?

You were a banker if you could explain how these SFBs work it would be a great learning opportunity for a young Surgeon who doesn't know much about banking stuff.

https://www.aubank.in/blogs/7-best-small-finance-banks-in-india

For an intro on SFBs, go to the above link.

Of the 12, Fincare is to be merged into AUB w.e.f 02/2024. FYI, ESAF SFB came out RECENTLY with their IPO.

 

[RishiKiDev]

https://www.aubank.in/blogs/7-best-small-finance-banks-in-india

For an intro on SFBs, go to the above link.

Of the 12, Fincare is to be merged into AUB w.e.f 02/2024. FYI, ESAF SFB came out RECENTLY with their IPO.

Thanks sir for responding.

 

[jetesh]

https://www.aubank.in/blogs/7-best-small-finance-banks-in-india

For an intro on SFBs, go to the above link.

Of the 12, Fincare is to be merged into AUB w.e.f 02/2024. FYI, ESAF SFB came out RECENTLY with their IPO.

News Source : https://www.moneycontrol.com/news/b...e-soon-says-md-ceo-govind-singh-11696371.html

 

[AritraSaha]

Utkarsh Small Finance Bank is planning to enter the secured credit card business
News Source : https://www.moneycontrol.com/news/business/mc-interview-utkarsh-sfb-to-enter-secured-credit-card-space-soon-says-md-ceo-govind-singh-11696371.html

W H Y

 

[RAMESH BABU N]

OP started this thread with the same link.
Why repeat it now ?

 

[jetesh]

Still waiting for this Too Soon News in march 2024

It is already launched : Utkarsh Eternal Credit Card : https://www.utkarsh.bank/personal/cards/credit-card/eternal

 

[jetesh]

Utkarsh Bank launches Rhodium and Eternal Credit Cards against FD with useless features.

 

[varun__goel_]

Utkarsh Bank launches Rhodium and Eternal Credit Cards against FD with useless features.

Useless thread.... 🙂


*Hope I was able to solve your query , please mark as solution*

 

[SSV]

Utkarsh Bank launches Rhodium and Eternal Credit Cards against FD with useless features.

If so, then this useless info should have been posted in another similar useless thread here

Thread 'USF Bank is planning to launch secured credit card very soon'
https://www.technofino.in/community...o-launch-secured-credit-card-very-soon.19596/

take it easy , just for fun …

 

[jetesh]

Useless thread.... 🙂


*Hope I was able to solve your query , please mark as solution*

Useless comment ...

 

[Shubham Yadav]

USF Bank is planning to launch secured credit card very soon

Utkarsh Small Finance Bank is planning to enter the secured credit card business News Source : https://www.moneycontrol.com/news/business/mc-interview-utkarsh-sfb-to-enter-secured-credit-card-space-soon-says-md-ceo-govind-singh-11696371.html

www.technofino.in

@vaibhav111

pls merge this thread