Saturday, August 30, 2014

RBL Bank firms up plan to rapidly expand credit card base

.........."While we had plans to start the credit card business on our own, the acquisition provided an opportunity to accelerate the process. The objective was to take over a running business along with the infrastructure and hence get a head start. We took over a performing book consisting of vintage customers with good spends and risk profile. Now, our aim is to scale this business up significantly in the next two to three years,"....

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