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HSBC says India’s credit card segment may see a turnaround as issuances rise and asset quality improves. Despite FY25 challenges, new launches and stable delinquencies support growth. HDFC, SBI ...
As per the data, total portfolio of banks under credit cards increased by 11.2 per cent at ₹2,87,047 crore in FY25 as on February compared to ₹2,58,107 crore in the same period last year.
Bank of Baroda emerged as the fastest-growing credit card issuer with a 17 per cent year-on-year growth, while HDFC Bank and SBI also posted strong growth at 15 per cent and 10 per cent, respectively.
Under this partnership, bank customers will be able to access a range of co-branded credit cards, designed with attractive features including reward points, cashback offers, fuel surcharge waivers ...
Bank of Maharashtra (BoM) has entered into a strategic partnership with SBI Card to launch co-branded credit cards. Nidhu Saxena, Managing Director & CEO, BoM, said: “This co-branded card ...
India’s fast-growing co-branded credit card market may soon see a new entrant: the country’s most valuable firm. Reliance is working with the state-backed lender SBI to launch two co-branded ...
Earlier this week, the Reserve Bank of India (RBI) said that SBI Card saw the highest new credit card additions around 300,000 in February. In comparison, HDFC Bank and ICICI Bank added about ...
Apollo SBI Card SELECT card is a premium credit card which has been designed to address the evolving needs of today’s health-conscious consumers MintGenie Team Published 15 May 2025, 04:27 PM IST ...
Card-in-force, or the number of cards issued and outstanding, grew 21% to 17.3 million, while total spends on credit cards grew 24% to 739.13 billion rupees, the company said in a filing.
SBI Card, India's no.2 credit card issuer majorly owned by top lender State Bank of India , opens new tab, will launch two variants of the card with Reliance Retail, which owns brands, including ...