Reliance is likely to launch its co-branded credit card

Reliance Retail is expected to launch its co-branded credit card in association with Citibank in mid-February. Reliance Industries retail subsidiary, Reliance Retail has entered into a 50:50 joint venture with Citigroup. Also as a part of the joint venture, Reliance Retail will provide financial services such as personal loans, and institution loans to its partners and vendors.