Home Credit India Partners Madhya Pradesh Police for Project Jagruk, Raises Awareness on Preventing Cybercrime

Bhopal, July 14, 2018: 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, is partnering with Madhya Pradesh Police to launch Project Jagruk, a one- of-its-kind unique initiative aimed at sensitizing and enhancing awareness among police personnel about cybercrime and financial frauds.

The project was launched in Bhopal today in the presence of Mr. Dharmendra Choudhary, DIG, Bhopal Police and Mr. Manish Kaushik, Head – Security, Home Credit India along with other senior officials. Besides Bhopal, Project Jagruk has been launched in Gurugram, Ambala, and Mehsana. The project is part of a broader corporate social responsibility initiative of Home Credit India that seeks to build a sustainable and long-term relationship with law enforcement agencies, especially police from different cities across India, by sharing best practices with police personnel in investigating complex cases pertaining to financial frauds and cybercrime.

Welcoming the launch of Project Jagruk, Mr. Choudhary said, "With rising incidents of ransomware, online financial frauds, and data thefts posing a significant threat to both public and private sector organizations, an effective cybercrime management strategy can help identify and prevent cyberattacks. This can be achieved through a closer collaboration between law enforcement agencies, governments and other important stakeholders. Project Jagruk is a right step in this direction of having a proactive and responsive cybersecurity framework, and serves as a model for other corporates to launch similar initiatives."

"We are extremely happy to partner with the Madhya Pradesh police for this important cybersecurity awareness initiative. With cyber security being one of the key challenges faced by organizations, local police authorities are an important partner for us in our efforts towards mitigating the impact of cybercrimes. As a responsible lending organization, we are committed to working closely with law enforcement agencies in creating the right ecosystem for an effective and sustained cyber security awareness campaign for the society as a whole," said Mr. Kaushik.

Project Jagruk entails knowledge sharing sessions with police officials across different levels on challenges, issues and measures relating to prevention of cybercrime, cyberbullying, online and financial frauds. These sessions will highlight current prevailing trends through case studies and reference materials.

Since its launch in India in 2012, Home Credit India has been consistently expanding operations across metro, tier I, II and III cities. The company had a customer base of nearly 2 million in 2016, driven by pan-India expansion across major markets, a range of diversified and innovative products backed by superior customer experience. In 2017 alone Home Credit added another 3.5 million customers, further consolidating its position as a leading consumer finance provider.

About Home Credit India

Home Credit India Finance Pvt. Ltd. is a leading consumer finance provider that is committed to drive credit penetration and financial inclusion by offering financial solutions that are simple, transparent and accessible to all. One of India's leading non-banking financial companies (NBFCs), Home Credit India has its operations in over 120 cities across 21 states in the country. The company has a strong network of more than 25,000 points-of-sale (PoS) from where it serves over 6 million customers. The company's employee base stands at over 16,000. 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

About Home Credit Group:

Home Credit India is part of Home Credit Group, an international consumer finance provider with operations in 10 countries where there is high potential to grow. Founded in 1997, we focus on responsible lending primarily to people with little or no credit history. Our services are simple, easy and fast. We operate in highly attractive markets with significant barriers to entry. We are a leading provider of consumer finance in selected countries. It is our experience and knowledge across the different markets, which sustainably puts us ahead of our competitors. We drive and broaden financial inclusion for the unbanked population by providing a positive and safe borrowing experience – the first for many of our customers. We promote higher living standards and meet borrowers' financial needs. Our 140,100 employees have so far served over 101 million customers through a vast distribution network comprising over 400,000 points of sale, loan offices, branches and post offices. For more information, visit www.homecredit.co.in

For more information, contact:
Sankalp Saini
Sankalp.saini75434@homecredit.co.in