Adani Group to foray into payments services; ties up with ICICI Bank
6 months, 3 weeks ago

Adani Group to foray into payments services; ties up with ICICI Bank

New Indian Express  

NEW DELHI: Adani Group would soon enter into payment services as it is likely to collaborate with ICICI Bank for a co-branded credit card, financial industry sources told TNIE. The co-branded credit card could be used to avail several retail services offered by the group, like payment for airport lounges, electricity and gas services. Meanwhile, a Financial Times report on Tuesday said that the Adani One app, part of its consumer-facing businesses, is reportedly in talks to expand into e-commerce as well. Industry sources said that the company might use its tie-up with ICICI Bank to enter both e-commerce as well as payment services businesses.

Services Adani Icici Bank  foray  services  likely  payment  industry  icici  sources  payments  company  bank  super  adani  app  ties  group

History of this topic

Adani Super app launches digital lending trials with fintechs and NBFCs: What we know
4 months, 3 weeks ago

Adani Super app launches digital lending trials with fintechs and NBFCs: What we know

Hindustan Times  

Adani One, the ‘super app’ developed by Adani Group, initiated pilot projects with digital lending firms and non-banking financial companies to provide loans through the platform, it was reported. Adani One is operated under Adani Enterprise Limited’s digital branch Adani Digital Labs Ltd. Citing sources, the report claimed that Adani One is also in discussions with other NBFCs and fintech …

Adani Group to enter UPI, digital payment, credit card business: Report
6 months, 3 weeks ago

Adani Group to enter UPI, digital payment, credit card business: Report

Hindustan Times  

Gautam Adani-led Adani Group may enter ecommerce and payments segments as the conglomerate plans to diversify into the fast-growing market, it was reported. Adani Group is planning to work on a digital business to compete with Google and Mukesh Ambani-helmed Reliance Industries, Financial Times reported citing people in the know. It may also apply for a licence to operate on …

Adani Group to enter UPI, digital payment, credit card business to compete Google and Reliance: Report
6 months, 3 weeks ago

Adani Group to enter UPI, digital payment, credit card business to compete Google and Reliance: Report

Live Mint  

Adani Group is in discussions to enter the e-commerce and payments space as the conglomerate develops a digital company to rival Google and Reliance Industries, owned by Mukesh Ambani, in the world’s most populous country, according to the Financial Times, which cited sources. As per the news report, it is also negotiating to provide online shopping via the Open Network …

Adani Group likely to repay short-term commercial paper borrowings: Bankers
1 year, 10 months ago

Adani Group likely to repay short-term commercial paper borrowings: Bankers

The Hindu  

Two large companies within the embattled Adani Group are likely to repay their short-term commercial paper debt as they come due over the next few months, instead of rolling them over as is normal, two merchant bankers and a company official directly familiar with the matter said. The two group companies have about ₹50 billion worth of CP due to …

ICICI Bank partners with NPCI to launch RuPay credit cards
2 years, 3 months ago

ICICI Bank partners with NPCI to launch RuPay credit cards

Live Mint  

Mumbai: ICICI Bank today announced its partnership with National Payments Corporation of India to launch a range of credit cards on RuPay, the indigenous payments network. Called, ‘ICICI Bank Coral RuPay Credit Card’, the contactless card offers a host of privileges and benefits including reward points on daily purchases like shopping and restaurants, paying utility bills, complimentary domestic airport & …

Discover Related