Poonawalla Fincorp, a non-banking financial company (NBFC) affiliated with the Cyrus Poonawalla group, has secured the Reserve Bank of India’s (RBI) authorization to introduce a co-branded credit card in collaboration with IndusInd Bank.
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As per Poonawalla Fincorp’s statement, the company intends to launch this co-branded credit card in the market within the next three months.
This strategic alliance will empower Poonawalla Fincorp to provide innovative and adaptable retail credit solutions, marking a new era in the financial services sector.
News Source :- PTI