Karur Vysya, SBI cards join hands

Karur Vysya Bank has formed a strategic alliance with credit card company SBI Cards to offer co-branded Visa credit cards to its customers. These would be available in two variants - Platinum and Gold. It will be both magnetic stripe and chip-based to provide high level of security to the cardholders, said the company. K Venkataraman, managing director and CEO, KVB said, "Credit cards was the only missing service in our portfolio and now with SBI Card, we are in a better position in this segment too."