Author Topic: Axis Bank - Credit Card For Existing Clients  (Read 557 times)

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Axis Bank - Credit Card For Existing Clients
« 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.