Federal Bank plans to acquire Standard Chartered’s credit card portfolio, aiming to convert a strong credit and younger customer base into long-term value. The bank sees big cross-selling potential to expand its product range, but it will have to manage risks like customer attrition and differences in geographic reach as it integrates the assets.
Standard Chartered and LIFTWOMEN® are expanding their SC WIN Now & Next flagship programme to India and the Greater Bay Area, building on last year’s Hong Kong edition. The 12-week Global Accelerator will back 10 women-led businesses from each region with mentorship, awards and cross-border networking. Applications are open until 12 June 2026.
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Federal Bank plans to acquire about 4.5 lakh credit cards from Standard Chartered Bank in India, strengthening its card base in major top cities. The acquisition is designed to deepen its reach among urban, financially active customers. The bank expects the transaction to be completed by the end of 2026, expanding its footprint in the credit card market.
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