India Investment, Stocks, Credit Card and Retail Forum
Credit Cards / Loan Products in India => India Credit Cards / Personal & Business Loans => Topic started by: resh on October 28, 2019, 06:37:02 AM
-
Axis Bank under the new management of Mr. Amitabh Chaudhary has started aping Best Practices from the HDFC Group.
93% of Axis Bank Credit Card loans are from existing customers of the Bank. They've Launched premium credit card offering in this quarter called us– Magnus
It has is the fourth-largest bank in terms of credit cards issuer, spending from debit cards at point of sales terminals and in transactions through mobile, constituting market share of 8%, 12% and 14%, respectively. In terms of forex cards issued, Axis Bank stood at No. 1 position and has 38% market share.