Synchrony donates Rs. 50 lakhs to Telangana's CM Relief Fund

HYDERABAD, India, Feb. 17, 2021 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company provided INR 50 lakhs to the Telangana Chief Minister Relief Fund to support the development work in the state. The funds will help provide financial assistance for reconstruction and rehabilitation efforts initiated by the state government for the welfare of the people.

Speaking on the occasion, Mr. Andy Ponneri, Sr. Vice President and Business Leader - India, Synchrony, said, "The donation to the CM Relief Fund is directed towards helping with the repair and rehabilitation work in the state and supporting the local communities."

Synchrony believes strongly in improving the communities in which the company operates, and in 2016 launched the philanthropic program, Synchrony Families That Work. This program has enabled the company to make important contributions to Hyderabad and its people through varied projects focused on economic security, special programs and training, community outreach, and safety practices.

About Synchrony:

Synchrony (NYSE: SYF) is a premier consumer financial services company. We deliver a wide range of specialized financing programs, as well as innovative consumer banking products, across key industries including digital, retail, home, auto, travel, health, and pet. Synchrony enables our partners to grow sales and loyalty with consumers. We are one of the largest issuers of private label credit cards in the United States;  also offers co-branded products, installment loans, and consumer financing products for small- and medium-sized businesses, as well as healthcare providers.

Synchrony is changing what is possible through their digital capabilities, deep industry expertise, actionable data insights, frictionless customer experience, and customized financing solutions.

For more information, visit www.synchrony.com  and Twitter: @Synchrony.

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