Shares of RBL Bank were last trading 2.79 per cent greater at Rs 180.25 apiece on the BSE.Share rate of RBL Bank got more than two per cent on Wednesday, September 15, after the bank revealed that it began releasing credit card to its consumers on the Visa payments network.
On Wednesday, RBL Bank opened at Rs 176.25, swinging to an intra day high of Rs 181.20 and an intra day low of Rs 175.85, in the trading session so far.RBL Bank's launch today follows the conclusion of technology combination with the brand-new platform after the arrangement between RBL Bank and Visa in July, 2021.
RBL Bank has a five per cent market share in credit cards in the country.
The bank will utilize its partnership with Visa to provide a large range of charge card to a numerous customer segments, according to a regulative filing by RBL Bank to the stock market.
At a time when consumers are searching for more ways to pay without using cash, we are happy to announce our collaboration with RBL Bank to issue Visa-powered charge card to their consumers.
Visa intends to allow digital payments for all and help consumers avail credit offerings from their issuers with ease, stated Sujai Raina, Head - Service Advancement, India, Visa.These cards are designed to offer practical, wise, secure deals, in addition to benefit propositions to clients, according to the leading private sector bank.
On the NSE, RBL Bank opened at Rs 176.50, registering an intra day high of Rs 181.25 and an intra day low of Rs 176.40.
in the session so far.
It were last trading 3.05 per cent greater at Rs 180.70 apiece on the NSE.
Shares of RBL Bank were last trading 2.79 percent higher at Rs 180.25 each on the BSE.