Present-day, credit cards are issuances are increasing. This is due to the fact that its the most convenient and fastest means of getting credit.
Consumers tend to use credit cards for their daily transactions.
Though in India, credit cards are still used by very less population, but the number of people having credit cards is on the rise.
What made us to create this article that we have published?
It started out of curiosity at first. I was searching for some credit cards and then wanted to know how many banks issue credit cards in India?
However, there weren’t straight forward answers and mostly all the content out there has some kind of irrelevant information.
Most of them had some issuers listed, with their lead generation forms and they didn’t have accurate reference or citation.
Basically what I figured out the exact things isn’t out there.
So, I visited RBI’s website and saw the monthly card statistics and compiled the latest data and go to know the exact number of companies or firms that issue a credit card in India.
Well, the intention is mostly for my own sake, but shouldn’t I share this information for the souls out there; who want exact stuff.
Currently, there are 32 firms, major banks among that issue credit cards in India.
This data was extracted and processed from the RBI Website.
Reference: BANKWISE ATM/POS/CARD STATISTICS BY RBI
I am trying to keep the text format as simple as I can so this can be repeated! 🙂 I have more information extracted, arranged and noted down in excel sheets that I have made. If you want, I can provide you with a nominal cost. Well, you’re always free to compile data and make inferences from RAW data available freely at RBI’s website.
Axis Bank Ltd
Bank Of America
Bank Of Baroda
Bank Of India
Central Bank Of India
City Union Bank
Dcb Bank Ltd
Dhanalakshmi Bank Ltd Hdfc Bank Ltd
Hongkong And Shanghai Bkg Corpn
Icici Bank Ltd
Indian Overseas Bank
Indusind Bank Ltd
Jammu And Kashmir Bank
Karur Vysya Bank Ltd
Kotak Mahindra Bank Ltd
Punjab National Bank
Ratnakar Bank Limited
Standard Chartered Bank Ltd
State Bank Of India
Tamilnad Mercantile Bank Ltd
Union Bank Of India
United Bank Of India
Yes Bank Ltd
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