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HDFC Bank Paytm co-branded Credit Cards

Bapun Raz

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HDFC Bank and Paytm, on September 20, announced a plan to launch a range of credit cards powered by VISA. The partnership aims to provide a range of offerings across customer segments, with special focus on millennials, business owners and merchants, the bank said in a press release.

This is the first co-branded credit card launch by the country's largest private sector lender after the Reserve Bank of India (RBI) lifted a ban on the bank on new credit card launches in August this year. The RBI had imposed the ban on the bank in December last year following a series of digital outages.

 
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