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Top 5 credit card issuers in India

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Number of Credit cards increased

Total no. of credit cards issued by banks across India has increased to 101 mn in March 2024. Following banks hold 75 per cent of market share.

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1. HDFC Bank

Total market share: 20.2%

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2. State Bank of India

Total market share: 18.5%

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3. ICICI Bank

Total market share: 16.6%

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4. Axis Bank

Total market share: 14.0%

Image credits: Freepik
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5. Kotak Mahindra Bank

Total market share: 5.8%

Image credits: Freepik

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