Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Bandhan Bank launches credit cards, in partnership with Standard Chartered Bank

Posted On: 2019-08-23 16:04:09

Bandhan Bank, today, announced its foray into the credit cards segment, in partnership with Standard Chartered Bank. The announcement comes on the fourth anniversary of Bandhan Bank.

Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank, along with Zarin Daruwala, CEO, Standard Chartered Bank, India, made the announcement in Kolkata today.

Bandhan Bank has launched three variants of co-branded credit cards called One - for the mass market, Plus -for the affluent segment, and Xclusive - for the premium segment. Among the benefits offered to customers through these cards are attractive reward points for spends on dining, movie tickets and supermarkets. There will also be a fuel surcharge waiver, offers on flights and hotels, airport lounge access and waiver of fee against a minimum annual spend.

Commenting on the launch, Chandra Shekhar Ghosh said, "When we started the bank four years ago, we started with basic products. We kept adding more products as we moved ahead. Today, we launch credit cards, a product that many customers demanded from us. We are happy to have Standard Chartered Bank as our partner in offering these cards. Their expertise, experience and foreign exposure will help bring our customers a well-rounded credit card offering."

Commenting on the occasion, Zarin Daruwala, CEO, Standard Chartered Bank, India, said, "This handshake between Standard Chartered, which has a vintage of over 160 years in India, and, Bandhan Bank, one of the new age fast growing entities, is truly an exciting one. Both banks have the same desire to provide customers accessible, simple, cost effective and innovative technology and digital financial solutions. This synergy of thoughts will definitely prove to be a winning combination for both banks and customers."

Shares of Bandhan Bank Ltd was last trading in BSE at Rs.457.35 as compared to the previous close of Rs. 465.4. The total number of shares traded during the day was 47728 in over 1811 trades.

The stock hit an intraday high of Rs. 475.75 and intraday low of 453. The net turnover during the day was Rs. 22064895.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

SRG Housing Finance Ltd announces Q1FY20 results

Enabling SMEs to drive the Indian economy to a brighter future

Patel Engineering Ltd - Rights Issue Details

Alphageo India Ltd announces resignation of CFO

Jump Networks Ltd to acquire 1.9 crore shares of OnMobile Global Ltd

NCLT approves merger of Monsanto India Ltd and Bayer CropScience Ltd

Ahmedabad based Arman Financial reports 138% increase in Q1 FY20 profit after tax at Rs. 12.1 crore

Polygenta Technologies Ltd to stop operations temporarily for expansion project

Acuite Ratings upgrade rating of Dynacons Systems & Solutions Ltd

CARE Ratings downgrades rating of Reliance Home Finance Ltd to D

Ind-Ra revises long term issuer rating of Omax Autos Ltd

HUDCO recovers Rs. 253.83 crore

BEML has set up bogie traction motor run test facility for Metro

Info Edge (India) Ltd arm to invest Rs. 4 crore in ShoeKonnect

Bharat Electronics Ltd wins order for Akash Missile Systems for Indian Air Force

ICRA reaffirms rating of GNFC

Wipro Positioned as a leader in the IDC MarketScape for Utilities Customer Experience, Worldwide

CARE reaffirms rating of Arman Financial Services Ltd

TAAL Enterprises Ltd stops charter services temporarily

CARE assigns ratings to Lancor Holdings Ltd

S&P affirms credit rating of Indian Bank, revises outlook to Negative

Zensar to present 'Experience Enterprise Intelligence', platform suite at Oracle OpenWorld 2019

Lupin Receives Health Canada Approval for Propranolol Hydrochloride ER Capsules

APPCB asks Bhagiradha Chemicals & Industries Ltd to stop production

ITD Cementation India Limited has won orders valued over INR 1100 Crores

Bangalore Students emerge as 2nd Runners up of TCS EngiNX 2019

Reliance Capital receives overwhelming response from investors for 3rd OFS of RNAM shares

Opto Circuits India Ltd announces proposal of debt settlement with 3 banks

SEBI levies Rs. 10 lakhs penalty on ICICI Bank for delayed disclosure

Infosys Ltd board to consider Q2, H1 FY2019-20 results, interim dividend on Oct 11, 2019

Havells expanding its fan segment

UK-MHRA reinstates full GMP status for Indoco's Goa Plant I

Tata Elxsi to Demonstrate Streaming Services on Microsoft Azure at IBC 2019

Nila Infrastructures Ltd bags construction contract of Rs. 462.1 million from Dholera Industrial City Development Limited

Bank of Baroda to consider raising debt capital on Sep 18, 2019

Stillwater Insurance Chooses Majesco Claims for P&C on Majesco CloudInsurer™ and Majesco Enterprise Data Warehouse

USFDA inspects Unichem Laboratories' API facility at Roha

J Kumar Infraprojects Ltd receives LoA from MMRDA for Rs. 1998 crore project

Infosys Finacle Digital Banking Suite on Cloud Powers Transformation at Shivalik Bank

ICRA downgrades SICAL Logistics Ltd's ratings to ICRA D

PI executes an offer for acquisition of 100% stake in Isagro (Asia)

STL announces a path-breaking integrated software-defined solution for access networks

Titagarh Firema appoints Mr Luigi Corradi as its new managing director and CEO

CRISIL upgrades rating of Intellect Design Arena Ltd

FFSPL invokes shares of Premier Tissues India Ltd pledged by Ballarpur Industries Ltd

Biocon Licenses Three Generic Formulation Products to China Medical System Holdings

Recyclers Ghana limited enhances production capacity of its Lead Recycling Plant situated at Ghana, West Africa

Grovy India Ltd commences new project at New Delhi

Varun Beverages appoints GEM Enviro Management Pvt Ltd to comply with Plastic Waste Management

Virinchi Ltd approved as L2 by Government of Telangana







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019