Poonawalla Fincorp on Tuesday, September 26, secured green light from the Reserve Bank of India (RBI) to introduce co-branded credit card with IndusInd Bank. This partnership will enable Poonawalla Fincorp to usher in a new age of flexible and versatile retail credit.
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The company is gearing up to launch this offering to the public within the next three months, Poonawalla Fincorp said.
Abhay Bhutada, Managing Director of Poonawalla Fincorp said, "With its fully digital process and unique product offerings, we expect to provide a seamless customer experience to our existing and potential customers."
This co-branded credit card venture is targeting individuals with a strong credit history. The entire process will be 100 percent digital, the company stated.
(Edited by : Anshul)
First Published: Sept 26, 2023 10:34 AM IST
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