ICICI Bank, India's largest private sector bank, today announced the launch of a combo prepaid card in association with the Uttar Pradesh State Road Transport Corporation (UPSRTC).
The ICICI Bank combo pre-paid card will be exclusively available at UPSRTC bus depots in Uttar Pradesh.
On this occasion Rajiv Sabharwal, executive director, ICICI Bank, said, ''At ICICI Bank, we strongly believe in the 'Khayal Aapka'philosophy of keeping the needs of the customer as the focus of all our initiatives. As part of our constant endeavor to bring new, innovative offerings to our customers, we are delighted to partner with UPSRTC to introduce this first-of-its-kind card in the country, in Uttar Pradesh. This card will give commuters of UPSRTC greater convenience and ease of travel. We are confident that this initiative will go a long way in setting new benchmarks for efficiency and help in increasing electronic payments in the country.''
Shares of the bank gained Rs 28.85, or 2.7%, to settle at Rs 1,097.15. The total volume of shares traded was 233,573 at the BSE (Wednesday).