 "ICICI Bank gained more than 1.3 million credit cards since December")
Since the Reserve Bank of India’s (RBI) ban on HDFC Bank on issuing new credit cards, the private lender and largest issuer of credit cards in India lost 558,545 cards until June 2021.
Currently, according to the latest RBI data, HDFC Bank has 14.82 million credit cards in the market, against 15.38 million as of November 2020. ICICI Bank, on the other hand, was been the biggest gainer in the December-June period by adding more than 1.32 million credit cards -- taking its outstanding credit cards in the market to 11.03 million as of June 2021, against 9.71 million
Currently, according to the latest RBI data, HDFC Bank has 14.82 million credit cards in the market, against 15.38 million as of November 2020. ICICI Bank, on the other hand, was been the biggest gainer in the December-June period by adding more than 1.32 million credit cards -- taking its outstanding credit cards in the market to 11.03 million as of June 2021, against 9.71 million
