Categories: Banking

Union Bank launches ‘Union MSMERuPay Credit Card’

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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

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.

Important takeaways for all competitive exams:

  • Union Bank of India Headquarters: Mumbai;
  • Union Bank of India CEO: Rajkiran Rai G.;
  • Union Bank of India Founded: 11 November 1919, Mumbai.

Find More Banking News Here

Sumit Arora

Recent Posts

Nicknames of States of United States

From the sprawling plains of the Midwest to the sun-kissed shores of the Pacific, the…

1 hour ago

Veteran Politician and Former Union Minister V. Srinivas Prasad Passes Away at 76

The Indian political landscape has lost a seasoned leader with the passing of V. Srinivas…

2 hours ago

India to Host 2025 BWF World Junior Badminton Championships in Guwahati

The Badminton World Federation (BWF) has announced that India will host the prestigious 2025 BWF…

2 hours ago

Top-10 Most Liberal Cities in United States 2024

In the mosaic of American cities, certain urban centers stand out as bastions of liberal…

3 hours ago

ICICI Bank Joins India’s Top 5 Companies with Market Cap Surpassing Rs 8 Trillion

In a remarkable achievement, ICICI Bank has etched its name among India's top five companies…

4 hours ago

RBI Announces 8% Interest on Floating Rate Bond 2034: All You Need to Know

The Government of India has introduced a Floating Rate Bond (FRB) maturing in 2034, with…

4 hours ago