• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai, Aug. 3

UTI Bank Ltd, jointly with Visa, today launched its credit card business. The bank is offering four variants — gold, silver, gold plus and silver plus credit cards. Initially launched in Mumbai, the bank plans to roll out the credit cards in 12 cities by the end of this quarter and to 50 cities by end of this fiscal, said a press release from the bank.

The complimentary gifts on the cards include complimentary flight vouchers to 29 destinations in the country, discounts ranging from 10-50 per cent at 120 hotels in the country and 1,500 hotels worldwide, insurance packages on air accidents, personal accidents, loss of card and baggage and also fuel surcharge waivers, the press release said. UTI Bank is also planning to launch its platinum card variant soon. The bank has set up a fully-owned subsidiary for managing the card sales and to enable it to focus on quality of acquisition, the release said.

More Stories on : Credit Cards & Debit Cards | Private Banks

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Rupee firmer against dollar

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line