ICICI Bank and SBI Cards make the most of regulatory ban on HDFC Bank credit cards

ICICI Bank recorded a 10% rise in spends in January over December while its fresh cards grew nearly 3%. In the overall tally, it gained 1.5% market share. SBI cards, too, gained about a percentage point in market share, with total cards increasing to 11.6 million at the end of January against 11.4 million at the end of December, according to RBI data.

from Banking/Finance-Industry-Economic Times https://ift.tt/3dIXNET