Karnataka Bank unveils credit line on UPI in partnership with Navi Technologies

Daily Current Affairs / Karnataka Bank unveils credit line on UPI in partnership with Navi Technologies

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Category : Business and economics Published on: August 26 2024

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Karnataka Bank and financial services company Navi Technologies have announced the launch of a line of credit on UPI, an offering by the National Payments Corporation of India (NPCI.
This private sector lender will offer the line of credit through a strategic partnership with Navi, making Karnataka Bank one of the first to adopt this next-generation credit product.