Monday, March 27, 2023

SBI Cards outpaces banks in adding new customers in February

SBI Cards and Axis Bank, the latter fresh with its acquisition of Citi's credit card portfolio, showed improvement in the card market share that stood at 19.8% and 11.7%, respectively, at the end of February. Cards in force market share for HDFC Bank and ICICI Bank marginally declined to 20.8% and 16.5%, respectively, in February.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/sbi-cards-outpaces-banks-in-adding-new-customers-in-february/articleshow/99043153.cms

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