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The Economic Times

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Federal Bank to acquire StanC India credit card portfolio

Federal Bank is set to acquire a significant credit card portfolio of approximately 4.5 lakh cards from Standard Chartered Bank, India. This strategic move aims to bolster Federal Bank's existing card base, particularly in top Indian cities, and enhance its presence among urban, financially active consumers. The deal is expected to conclude by the end of 2026.

30 Apr 2026 1:19 pm