Company Information

Get to know bobcards ltd.

Established in 1994, BOBCARD Limited (formerly known as Bobcards Ltd.) is one of the pioneers in the Indian credit card market. As a wholly-owned subsidiary of Bank of Baroda, a leading public sector bank in India, the company operates as an NBFC. Its primary business involves issuing a wide range of credit cards to individuals and corporations, as well as providing merchant acquiring solutions that enable businesses to accept card payments. The company aims to be a leading credit card issuer and acquirer in India by offering innovative and customer-centric payment solutions.

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Financial Electronic PaymentPRIMARY
Financial Other Service

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bobcards ltd.

India

Founded in

1994 (32 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Cyprus

2017

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.