The Indian Credit Card market is dominated by Private Banks cornering 77% of customers while the lethargic PSU Banks have 23% of Indian Credit Card Customer base.
Private Sector Banks Credit Card Customers MarketShare
HDFC Bank 25.5%
ICICI Bank 15.8%
Axis Bank 11.7%
Citibank 4.7%
Kotak Mahindra 4.5%
Other Private Banks & FIs hold the rest
SBI Credit Cards hold 18.8% Market Share
Market share based on total credit card spends in India
HDFC Bank 31.2%
SBI Cards 20.1%
ICICI Bank 13.6%
Axis bank 8.3%
Citibank 6.4%
