Back to Career News

SBI Card Cautions Customers Against use of Bitcoin

February 23, 2018

SBI Card Cautions Customers Against use of Bitcoin

SBI Card, the card issuing subsidiary of public sector State Bank of India, has warned the customers about the risks associated with virtual currencies such as Bitcoin. However, it hasn’t banned the use of its credit cards for Bitcoin investments.
Earlier, Citi India had banned the use of its credit cards and debit cards for investments in cryptocurrencies.
SBI Card is currently India’s second-largest card issuer with over 5 million customers.

Important Links:
Tags:
Finance

Recommended for you ...

RBI Plans Licensing Framework for POS Operators to Ensure Fair Play
RBI Plans Licensing Framework for POS Operators to Ensure Fair Play

April 16, 2024

Modi Government Unveils Ambitious Legislative Agenda for First 100 Days
Modi Government Unveils Ambitious Legislative Agenda for First 100 Days

April 16, 2024

Financial Year 2024 Sees Record IPO Activity and Listing Gains
Financial Year 2024 Sees Record IPO Activity and Listing Gains

April 16, 2024

Chat on WhatsApp