ETBFSI
February 27, 2025 at 05:40 AM
HDFC Bank’s credit card spending market share fell by 80 basis points (bp) MoM due to volatile online spending, despite its stronghold in the PoS segment. Meanwhile, SBI Cards and ICICI Bank gained 70bp and 80bp, respectively, benefiting from their dominance in online transactions.
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https://bfsi.economictimes.indiatimes.com/news/banking/credit-card-spending-slows-down-in-january-asset-quality-concerns-persist/118590242?utm_source=top_story&utm_medium=homepage