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Zenger
Zenger
Technology
Shomik Sen Bhattacharjee

Apple In Talks To Launch Its Credit Card In India With HDFC Bank

Apple Inc is reportedly discussing plans with Indian financial institutions and regulators to launch its Apple Card in the country. According to insiders, CEO met with HDFC Bank Chief during his April visit to India.In this illustration the homepage of the Apple Card website is seen displayed on the computer screen through a magnifying glass.PHOTO BY RAFAEL HENRIQUE/GETTY IMAGES

Apple Inc is reportedly discussing plans with Indian financial institutions and regulators to launch its Apple Card in the country. According to insiders, CEO Tim Cook met with HDFC Bank Chief Sashidhar Jagdishan during his April visit to India.

Apple has also held talks with the Reserve Bank of India (RBI) about the card’s operational details. The regulator insisted that Apple follow the usual procedure for co-branded credit cards without any special privileges.

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