 "bank, banks")
The average spend per transaction was the highest on credit cards issued by small-cap banks. Karur Vysya Bank topped at Rs 8,780 per transaction followed by J&K Bank at Rs 7,064 and RBL Bank at Rs 6,851. Among mid-cap banks, Bank of Maharashtra took the pole-position at Rs 4,922, next came Bank of India at Rs 4,067, and The Federal Bank at Rs 3,897. In the large-cap banks category, IndusInd came first at Rs 7,154, Punjab National Bank at Rs 5,136 and Indian Bank at Rs 4,659.
As far as the number of transactions was concerned, HDFC Bank was the leader with 114 million followed by ICICI Bank at 80 million and State Bank of India at 74 million.
Credit-card spending for January stood at Rs 1,841 billion, marking a two per cent slide month-on-month (MoM), but a strong 14 per cent year-on-year growth. The dip in spending MoM basis was primarily due to seasonality effects, as in December, it was boosted by festive and year-end expenditures.
 "banks, bank employee, banking, bankers, staff")
 "The Indian Banking, Financial Services, and Insurance (BFSI) industry has shown strong resilience amid global headwinds and achieved impressive growth. Credit growth has remained robust, and non-performing assets (NPAs) have reduced to multi-year low")
 "Department of Financial Services (DFS) Secretary M Nagaraju")
 "CS Setty, Chairman, SBI")
 "Better protection for depositors and investors was one of the chief considerations in Union Finance Minister Nirmala Sitharaman introducing, on Friday, the Banking Laws (Amendment) Bill, 2024, in the Lok Sabha to amend four pieces of legislation.")
