Poonawalla Fincorp, a Cyrus Poonawalla group- promoted NBFC, has received Reserve Bank of India’s approval to issue co-branded credit card with IndusInd Bank.
The company envisages to launch this credit card within three months, Poonawalla Fincorp said in a statement. This partnership will enable Poonawalla Fincorp to usher in a new age of flexible and versatile retail credit, it said.
(More details awaited)