Finance Current Affairs December 2nd week 2017
Category : Finance
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 1. Corporation Bank launches RuPay Credit Cards.

Corporation Bank has launched its RuPay Select and RuPay Platinum credit cards.

A press release said here that Corporation Bank’s RuPay credit cards are accepted at all RuPay-enabled 1.5 million plus PoS terminals and 80,000 plus e-commerce merchants in India and all ICS Partner acceptance points (POS, e-commerce merchants) globally.

Jai Kumar Garg, Managing Director and Chief Executive Officer of Corporation Bank, unveiled the cards in Mangaluru on Saturday. Gopal Murli Bhagat, Executive Director of the bank, was present during the launch.

Quoting Garg, the release said that these cards will boost digital payment and will be beneficial in creating a ‘less cash society’.

Personal accident insurance of ?10 lakh and ?2 lakh is offered on RuPay Select Credit Card and RuPay Platinum Credit Card, respectively, it said.