The proposed transaction, announced today, involves the transfer of up to around 4.5 lakh credit cards from Standard Chartered’s India portfolio. This compares with Federal Bank’s existing base of ...

Note: As of 5 December 2022, the Standard Chartered Unlimited Cashback Credit Card was renamed to the Simply Cash Credit Card along with a card redesign. Looking for a straightforward credit card with ...

Standard Chartered Bank is selling a portfolio comprising up to 4.5 lakh credit cards to Federal Bank.

Federal Bank is set to enter into a Deed of Assignment with Standard Chartered Bank, India for the acquisition of a segment ...

Launched in November and running through this month, the campaign used Waze to drive credit-card acquisitions above 1.2 million users in the country. The offer included a 15 per cent petrol rebate, a ...

Federal Bank is set to acquire 450,000 credit cards from Standard Chartered India in a strategic move to double its presence ...

KVS Manian, MD & CEO of Federal Bank, said, "This acquisition represents a compelling and strategic addition to our retail credit franchise. The portfolio we are acquiring is of g ...

Federal Bank has approved the acquisition of a select portfolio of retail credit cards from Standard Chartered Bank, India, through a deed of assignment, the bank said in a regulatory filing on April ...

Federal Bank did not disclose the financial details or the size of the portfolio involved in the proposed deal, noting that ...