Current Affairs · Banking and Finance
In August 2025, Unity Small Finance Bank partnered with BharatPe to launch India's first EMI-driven RuPay credit card. Which of the following statements regarding this launch are accurate? 1. The credit card operates on the RuPay network managed by the National Payments Corporation of India (NPCI). 2. This product has been introduced solely for government employees to manage cash flows. 3. The card aims to help salaried and self-employed individuals avoid high-interest revolving debt traps through structured EMI repayments.
- 1Only 1
- 2Only 3
- 3Both 1 and 3✓
- 4Both 2 and 3
Correct answer
Both 1 and 3
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