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Poonawalla Fincorp informs about disclosure

26 Sep 2023 Evaluate

Poonawalla Fincorp has informed that the Company has received an intimation from RBI vide its letter dated 25 September 2023, that it has been granted permission to issue co-branded credit card with IndusInd Bank, subject to conditions stipulated in Annexure XIX of Master Direction - Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016 as updated from time to time. The details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is given in the enclosed Annexure A.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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