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Press Release


Home Credit India partners with Chandigarh Police to provide latest trends & skills related to cyber frauds specifically in finance industry

- Aims at assisting the Police force in reducing cybercrime and financial frauds in the city

Chandigarh, March 15, 2019: Home Credit India Finance Pvt. Ltd, one of India's fastest growing non-banking finance company and part of Czech Republic-based Home Credit Group, along with Chandigarh Police, today rolled out a unique initiative aimed to provide latest trends & skills related to cyber-frauds specifically in finance industry. The initiative seeks to assist the Police force by sharing best practices with officials investigating complex cases pertaining to financial frauds and cybercrime.

The event was organized in the presence of Ms. Nilambari Jagdale- Senior Superintendent of Police, Chandigarh and Mr. Manish Kaushik, Head – Security, Home Credit India along with other senior officials. Chandigarh is the eighth city where the initiative has been rolled after being successfully launched in Gurugram and implemented in Ambala, Mehsana, Bhopal, Visakhapatnam, Kota and Faridabad.

Welcoming the initiative by Home Credit India Nilambari Jagdale- SSP, Chandigarh said; "The rising incidents of cyber stalking, web jacking, theft of online data, virus dissemination, etc. pose a significant threat to individual, public and private sector organizations. In such a scenario, an effective cybercrime management strategy can help identify and prevent cyber attacks .As an important step, we intend to provide our citizens a safe and friendly platform aided by technology for online banking, thus protecting them from financial frauds and cyber-crimes. Our partnership with Home Credit India will play a major role in helping us spread fraud awareness and reduce cybercrimes in the city."

Home Credit India conducts knowledge sharing sessions with police officials across different levels on challenges, issues and measures relating to prevention of cybercrime, cyber bullying, online and financial frauds. These sessions highlight current trends through case studies and reference materials.

Speaking on the occasion Mr. Manish Kaushik, Head – Security, Home Credit India said; "We are proud to associate ourselves with Chandigarh Police for this initiative. With the endeavor to increase cyber fraud awareness, we firmly believe that this campaign will enhance the knowledge & understanding of police personnel and law enforcement agencies on latest trends & skills related to cyber frauds. It is an honor for us to work closely with police personnel in creating the right ecosystem of effective and sustained awareness campaign for the society as a whole."

About Home Credit India:

Home Credit India Finance Pvt. Ltd. is a leading Non-Banking Financial Company (NBFC) in consumer finance lending. The company is committed to drive credit penetration and financial inclusion by offering large financial solutions that are simple, transparent and accessible to all. With largest penetration in sub Rs.10,000 category, Home Credit India has an employee base of over 18,000 and has been consistently expanding operations since its entry in 2011, with its operations spread over 179 cities across 20 States in India. The company has a strong network of around 30,000 points-of-sale (PoS) and is growing with a customer base of around 8 million customers, driven by Pan-India expansion across major markets, a range of diversified and innovative products backed by superior customer experience. Home Credit India has been recognized by Aon Hewitt as a Regional AON Best Employer 2017 for employer excellence. For more information, visit www.homecredit.co.in
(Leader in sub Rs.10,000 category of consumer finance lending as per CRIF Report August 2018)

About Home Credit Group:

Home Credit Group is an international consumer finance provider with operations in 10 countries. Founded in 1997, the company focuses on responsible lending primarily to people with little or no credit history. With simple, easy and fast services, it operates in highly attractive markets. Home Credit is a leading provider of consumer finance in selected countries. Experience and knowledge across different markets, sustainably puts the company ahead of its competition. Home Credit drives and broadens financial inclusion for the unbanked population by providing a positive and safe borrowing experience – the first for many customers, promotes high living standards and meets borrowers' financial needs. With an employee base of 132 thousand, the company has so far served over 111 million customers through a vast distribution network comprising over 434,000 points of sale, loan offices, branches and post offices. For more information, visit www.homecredit.net

For more information, contact:
Nidhi Malik
nidhi.malik@homecredit.co.in