RBL Bank Limited — Board Meeting, 29-11-2024: Outcome of Board Meeting

RBL Bank has announced a board meeting outcome revealing the decision to halt the issuance of new co-branded credit cards with Bajaj Finance Limited. Existing cards will continue to operate without changes, and cardholders will retain their benefits. Despite this shift, RBL Bank will focus on expanding partnerships with various NBFCs and consumer brands to enhance its credit card business. The bank has notably reduced dependency on co-brand products with Bajaj Finance, reflecting a strategic pivot towards a more diversified partnership approach.