Axis Bank forms partnership with Kochi metro

Q.  With which bank Kochi Metro ties up to make significant revenues from ticket sales?
- Published on 19 Jun 15

a. SBI Bank
b. Axis Bank
c. ICIC Bank
d. HDFC Bank

ANSWER: Axis Bank
 
Kochi Metro Rail Limited (KMRL) has broken new ground to gain substantially from the Automated Fare Collection (AFC) system by roping in a private partner to make necessary investments in hardware and software for sale of tickets besides getting assured annual royalty and a share in the business returns of the partner.

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