Retail-focused private sector lender HDFC Bank has roped in a Citibank veteran Rahul Shukla to head its corporate and business banking business.
Shukla joins the second largest private sector lender after spending over 25 years with Citibank where he was heading the corporate banking vertical for South Asia.
Shukla will report to Kaizad Bharucha, executive director, who heads the wholesale banking business, which contributes about 45 per cent to HDFC Bank's loan portfolio. ********************* NPCI ties up with Big Bazaar to offer discounts on RuPay cards *
The National Payments Corporation of India (NPCI) has tied up with retailer Big Bazaar to offer up to 10 per cent discount on RuPay debit and credit card transactions.
The offer, valid from March 23 to April 30, is applicable on all purchases made at Big Bazaar, Food Bazaar, eZone and fbb, for Rs 1,500 or above, with a maximum discount of Rs 250.
RuPay is the first-of-its-kind domestic debit and credit card payment network from the RBI-promoted NPCI. There are over 440 million RuPay debit and credit card holders in the country.
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