Hyderabad: 30th January, 2021: Synchrony (NYSE: SYF), a premier consumer financial services company provided INR 50 lakhs to the Telangana CM 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.