News: Deutsche Bank launches credit cards in India
(BS 26/07/2006) Mumbai - Deutsche Bank has launched a full suite of credit cards in India.
According to an official release issued today, the features of Deutsche Bank’s suite of products consisting of Classic, Gold, Platinum and Corporate Credit Cards include personalisation with a wide range of images; saving with lifestyle specific savings plans and control finances and manage savings with flexible billing.
Cricketing legend Sunil Gavaskar, who is Deutsche Bank’s product ambassador in India, was presented the Bank’s first Platinum credit card by Colin Grassie, CEO - Asia-Pacific for Deutsche Bank.
"An important element of our growth strategy in Asia is our strategic focus on the further development of our successful business in India, both in wholesale and retail banking. Today’s Credit Card launch in India is a first for Deutsche Bank in Asia and an important milestone for our business....the bank may also consider the launch of premium credit cards in China through its partnership with Hua Xia Bank," Grassie said.
Gunit Chadha, MD & CEO – India for Deutsche Bank said:” In its 25 years of presence in India, Deutsche Bank has built strong customer relationships. The launch of credit cards will play a significant role in our strategic focus of being a leading provider of end-to-end financial services for the retail customer in India.”
Shameek Bhargava, head of Cards – Asia-Pacific for Deutsche Bank said:” Our credit cards offering has been designed in line with Deutsche Bank’s customer-centric approach. We have introduced several unique features that enhance customisation and convenience. We believe that this will bring back the customer involvement in a category, which has become increasingly commoditised.”
Deutsche Bank’s product ambassadors in India - the legendary cricketer Sunil Gavaskar and tennis icon Sania Mirza – will promote Deutsche Bank credit cards in India.
According to an official release issued today, the features of Deutsche Bank’s suite of products consisting of Classic, Gold, Platinum and Corporate Credit Cards include personalisation with a wide range of images; saving with lifestyle specific savings plans and control finances and manage savings with flexible billing.
Cricketing legend Sunil Gavaskar, who is Deutsche Bank’s product ambassador in India, was presented the Bank’s first Platinum credit card by Colin Grassie, CEO - Asia-Pacific for Deutsche Bank.
"An important element of our growth strategy in Asia is our strategic focus on the further development of our successful business in India, both in wholesale and retail banking. Today’s Credit Card launch in India is a first for Deutsche Bank in Asia and an important milestone for our business....the bank may also consider the launch of premium credit cards in China through its partnership with Hua Xia Bank," Grassie said.
Gunit Chadha, MD & CEO – India for Deutsche Bank said:” In its 25 years of presence in India, Deutsche Bank has built strong customer relationships. The launch of credit cards will play a significant role in our strategic focus of being a leading provider of end-to-end financial services for the retail customer in India.”
Shameek Bhargava, head of Cards – Asia-Pacific for Deutsche Bank said:” Our credit cards offering has been designed in line with Deutsche Bank’s customer-centric approach. We have introduced several unique features that enhance customisation and convenience. We believe that this will bring back the customer involvement in a category, which has become increasingly commoditised.”
Deutsche Bank’s product ambassadors in India - the legendary cricketer Sunil Gavaskar and tennis icon Sania Mirza – will promote Deutsche Bank credit cards in India.
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