Announced Fri, 21 Aug · 15:00 IST
Shoppers Stop and RBL Bank launch three-tier co-branded credit cards
SHOPERSTOP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.4%1-day move
₹416.50
prior close
₹422.25
base price
In-mkt
timing
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+0.0+0.2-0.1—-2.4-5.6-7.6-10.7-7.6-6.7-10.2-5.3——
Up moveDown movePending
AI summary
Shoppers Stop has partnered with RBL Bank to launch three co-branded credit cards - Gold, Platinum, and Black - with Visa as network partner. The cards offer rewards, complimentary memberships, welcome gifts and milestone benefits aimed at the company 50 million+ customers and 13.5 million First Citizen Club members. Cardholders earn extra reward points on Shoppers Stop purchases and on other transactions.
Likely market impact
May strengthen customer loyalty and repeat spending at Shoppers Stop stores. No immediate financial figures or revenue impact disclosed.