During FY13-14, ICICI Bank net added 0.3 million cards to portfolio- more than any other Indian bank while HDFC Bank trimmed its credit card base by 1.39 million cleaning dormant & inactive customers.
SBI & Citi bank added 0.26 million & 0.05 million respectively.
Axis: +0.27 million
HSBC: -0.01 million
SCB: -0.19 million
Total number of outstanding credit cards stood at 19.23 million at April, 2014 vs 19.55 million a year ago.
Credit card POS spends at Rs 14,577 crore in April, 2014 vs Rs 12,418 crore a year ago
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