India Investment, Stocks, Credit Card and Retail Forum
Credit Cards / Loan Products in India => India Credit Cards / Personal & Business Loans => Topic started by: cardbhai on November 18, 2020, 08:02:56 PM
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The Indian Credit Card market is dominated by Private Banks cornering 77% of customers while the lethargic PSU Banks have 23% of Indian Credit Card Customer base.
Private Sector Banks Credit Card Customers MarketShare
HDFC Bank 25.5%
ICICI Bank 15.8%
Axis Bank 11.7%
Citibank 4.7%
Kotak Mahindra 4.5%
Other Private Banks & FIs hold the rest
SBI Credit Cards hold 18.8% Market Share
Market share based on total credit card spends in India
HDFC Bank 31.2%
SBI Cards 20.1%
ICICI Bank 13.6%
Axis bank 8.3%
Citibank 6.4%