AU Small Finance Bank introduces RuPay credit card for self-employed Customers
AU Small Finance Bank has teamed up with RuPay to introduce the Business Cashback RuPay credit card, a novel solution designed to fulfill the financial requirements of self-employed clients. The latest product is intended to provide a wide range of advantages to small enterprises.
AU Small Finance Bank introduces RuPay credit card: Key Points
- The CEO of National Payments Corporation of India (NPCI), Dilip Asbe, and the MD & CEO of AU Small Finance Bank, Sanjay Agarwal, were present at the card’s launch.
- AU Small Finance Bank’s Business Cashback RuPay Credit Card streamlines business financial operations by providing benefits such as up to 2% cashback, 48-day interest-free credit, and immediate loans.
- Furthermore, it provides fire insurance, burglary, and housebreaking coverage, making it a one-stop-shop for businesses.
- Sanjay Agarwal, MD & CEO of AU SFB, acknowledged the vital role MSMEs play in the Indian economy and highlighted their commitment to providing customized financial solutions for this sector.
- The launch of the Business Cashback RuPay credit card is a testament to this commitment.
- Meanwhile, Asbe emphasized NPCI’s dedication to encouraging banking sector innovation and financial inclusion, citing the credit card as a clear example of this.
Important Takeaways For All Competitive Exams:
- MD & CEO of AU Small Finance Bank: Sanjay Agarwal
- Headquarters of AU Small Finance Bank: Jaipur, Rajasthan, India
- CEO of National Payments Corporation of India (NPCI): Dilip Asbe