Announced Fri, 19 Jun · 17:55 IST
Zaggle signs cobranding deal with Punjab National Bank for retail credit card
Business Updates View source PDF
ZAGGLE · 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
-2.1%1-day move
₹213.60
prior close
₹216.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+0.6+0.7+0.4-2.1-1.7-3.8-6.7-2.9-1.0-0.3-4.8——
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AI summary
Zaggle has signed a 5-year agreement with Punjab National Bank to act as cobranding partner for a Cobranded Retail Credit Card. Zaggle will use its existing corporate customer base to drive acquisition, marketing and promotion. No monetary value disclosed. Domestic deal, not a related party transaction, no promoter interest.
Likely market impact
Positive development expanding Zaggle's cobranded card portfolio with a large public sector bank over 5 years.