MakeMyTrip’s fintech arm, TripMoney partners with SBM Bank India to launch Global Credit Card : Rashtra News #MakeMyTrips #fintech #arm #TripMoney #partners #SBM #Bank #India #launch #Global #Credit #Card MakeMyTrip said on Wednesday its fintech arm, TripMoney and SBM Bank India have joined hands to launch a rupee-denominated secure credit card, TripMoney Global Card. The
The commencement of the New Year sees SBM Bank India introducing special fixed deposit rates. The interest rates vary based on tenures, thus, allowing inclined investors to choose between short-term and long-term investments.
"The Diwali Special FD rates of 8.25% p.a. will be available for a specific tenure during the offer period, valid from 3rd November to 17th November 2023,"stated the SBM Bank India press release.
This move comes at a time when the bank is under scrutiny of the Reserve Bank of India for its fintech partnerships, some of which have bordered regulatory grey zones.