The Board in its meeting held today, has considered and approved the launch of 'vCard - India's First UPI Based Credit Card' on September 28, 2019.

vCard (www.vcard.ai) is India's first UPI based credit card and a lending solution, delivered as a Mobile App, thereby allowing
a) paperless credit card set up
b) UPI based payments to any QR &
c) contextual customer engagement based on location & spending behavior.
vCard has run a pilot project and is actively covering around 1,000 installs through its credit card banking partner - RBL Bank.