Mahindra Finance and RBL Bank Unveil Co-Branded Credit Cards.

Banking & Finance | Dated: 17 Nov 2024

Mahindra & Mahindra Financial Services Limited (Mahindra Finance) launched a co-branded credit card in partnership with RBL Bank Limited. The credit card is designed to meet its customers' aspirational needs.

🎯 Key Highlights:

  • - This will be the first co-branded credit card offering for Mahindra Finance.
  • - This partnership aims to provide a one-stop solution that offers unmatched benefits across a wide range of categories.

💡 Other Important Facts:

  • (ii) Mahindra Finance aims to tap into the growth potential, aligning with the adoption of e-commerce and technological advancements seen even in non-metro locations.
  • (ii) Mahindra group entity holds a 3.53% stake in RBL Bank, acquired for Rs.417 crore.

📚 Test Your Knowledge:

Which financial institution recently partnered with Mahindra Finance to launch co-branded credit cards?

Correct Answer: RBL Bank

🚀 Quick Recap:

About RBL Bank

  • MD & CEO : R Subramaniakumar;
  • Headquarter : Mumbai