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Wednesday, June 30, 2021

HDFC Bank counts on cross selling to make up for lost market share in credit card business

Latest RBI data shows that HDFC Bank has lost about 160 basis points of market share in the business since end of November 2020 but still corners 24% of the market while ICICI, SBI Cards and Axis have gained 108 basis points, 37 basis points and 11 basis points to 17.2%, 19.2% and 11.6% respectively over the same period in terms of number of cards.

from Banking/Finance-Industry-Economic Times https://ift.tt/2TjlKwo

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