Poonawalla Fincorp partners with IndusInd Bank for co-branded credit card, gets RBI permission
by Prashant Kapadia/NHN
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Unique best-in-class customer centric product offerings
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Aimed at targeting customers with good credit score & history
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100% digital process
Pune: September 26, 2023: Poonawalla Fincorp Limited, a Cyrus Poonawalla group promoted non-banking finance company, has received permission from the Reserve Bank of India (RBI) to issue co-branded credit card with IndusInd Bank. The company envisages to launch this credit card within three months. This partnership will enable Poonawalla Fincorp to usher in a new age of flexible and versatile retail credit.
Expressing happiness at the development, Mr. Abhay Bhutada, Managing Director, Poonawalla Fincorp, said, “We are confident that this partnership with IndusInd Bank will be a game-changer adding a new vista to our bouquet of new-age financial products for India’s tech-savvy and financially astute customers. We at Poonawalla Fincorp believe in ethical lending with complete transparency and no hidden charges while engaging with our customers. With its fully digital process and unique best-in-class product offerings, we expect to provide an exceptional & seamless customer experience to our existing and potential customers.”
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