Apple Card May Soon Hit India As iPhone Maker Reportedly Talks With Local Banks, Regulator

This story was originally published on the Benzinga India Portal.

Apple Inc (NASDAQ: AAPL) 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.

What Happened? As per a MoneyControl report, 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.

Sources reveal that Apple plans to introduce its …

Full story available on Benzinga.com

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