Which of the following banks has launched contactless ‘RuPay Select’ debit card in association with NPCI (National Payment Corporation of India) in December 2020?

The correct answer is Central Bank of India.

Key Points

• Central Bank of India launched a contactless ‘RuPay Select’ debit card in December 2020.
  • It was launched in association with the National Payments Corporation of India.
  • It was launched on the occasion of Bank’s 110th foundation day.
  • The card was officially launched by then MD and CEO of the Central Bank of India, Pallav Mohapatra.
• The Central Bank of India was founded on 21 December 1911.
• The headquarters of the Central Bank of India is located in Mumbai.
• Matam Venkata Rao is the current MD and CEO of the Central Bank of India.

Additional Information

• State Bank of India:
  • State Bank of India is the largest public sector bank in India.
  • SBI descends from the Bank of Calcutta founded in 1806 through the Imperial Bank of India.
  • The Bank of Madras merged into the other two presidency banks, the Bank of Calcutta and the Bank of Bombay to form the Imperial Bank of India which in turn became the SBI on this day in 1955.
    • Founded - 1 July 1955.
    • Chairperson - Dinesh Kumar Khara.
    • Headquarters - Mumbai.
• HDFC Bank Limited:
  • ​HDFC Bank Limited is the largest private sector bank by assets[and by market capitalisation in India.
  • Founded - August 1994
  • Chairperson - Atanu Chakraborty
  • Headquarters - Mumbai.
• ICICI Bank Limited:
  • ​ICICI Bank Limited is a financial services company in India.
  • Founded -June 1994
  • Chairperson - Girish Chandra Chaturvedi
  • Headquarters - Vadodara, Gujarat.