Adani makes credit card foray, ties up with ICICI Bank


MUMBAI: Adani Group chairman Gautam Adani has launched a credit card in alliance with ICICI Bank, marking his foray into retail finance. The partnership will tackle rivals like Tata, Reliance and Aditya Birla teams in a crowded Indian market.
The billionaire, by way of his group’s digital platform Adani One, and ICICI Bank have launched the credit card with airport-linked advantages in collaboration with Visa.Cardholders will get up to 7% reward factors on spends throughout the Adani Group ecosystem. These embody the Adani One app which can be utilized for reserving flights, resorts, trains, buses and cabs. Spending in Adani-managed airports, Adani CNG pumps and Adani electrical energy payments can be lined.
Gautam Adani’s initiative comes at a time when Mukesh Ambani’s Reliance Industries has aggressive plans within the monetary companies sector. Last 12 months, Ambani’s retail unit and SBI launched a co-branded credit card on the RuPay fee community. Aditya Birla Group, too, has co-branded credit playing cards with SBI and AU Small Finance Bank.

Nilesh Desai
Nilesh Desai
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.


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