Mahindra Finance receives approval to launch co-branded credit cards with RBL Bank
Mahindra & Mahindra Financial Services Limited (Mahindra Finance) is a part of the Mahindra Group and one of India’s leading non-banking finance companies which focuses on the rural and semi-urban sector, the company has over 10 million customers and has an AUM of over $13 Billion.
Mahindra Finance receives approval to launch co-branded credit cards with RBL Bank
Mahindra Finance, a part of the Mahindra Group, has received approvals from the Reserve Bank of India (RBI) to launch co-branded credit cards in association with RBL Bank. These co-branded cards will be designed to cater to a broad spectrum of Mahindra Finance’s customer base.
Raul Rebello, Managing Director & CEO, of Mahindra Finance emphasized, “Our first co-branded credit card, being developed in collaboration with RBL Bank, will be designed to meet the aspirational needs of our customers, across geographies in India."
Rajeev Ahuja, Executive Director, RBL Bank stated, “We aim to provide a one-stop solution that offers unmatched benefits across a wide range of categories.”
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
Mahindra & Mahindra Financial Services Limited (Mahindra Finance) is a part of the Mahindra Group and one of India’s leading non-banking finance companies which focuses on the rural and semi-urban sector, the company has over 10 million customers and has an AUM of over $13 Billion.
Read Also : Mukesh Singh Verma gives his resignation as CCO and Principal Officer of Utkarsh Small Finance Bank