Daily News: HDFC bank to launch credit cards with Paytm, India to host the World's largest Virtual Fintech Fest & more
1. HDFC bank to launch credit cards with Paytm
After the RBI struck HDFC Bank last year with a ban that barred it from issuing credit cards because of recurring glitches to its backend platform, it marks the first aggressive alliance struck by the bank.
As a result of the ban, HDFC lost its market shares to ICICI Bank and SBI. The credit card will be powe…