Data released by the Reserve Bank of India (RBI) shows that several foreign lenders saw a decline in their active card base in 2025, even as the overall credit card market continued to grow rapidly, driven largely by private sector banks. Among major foreign issuers, American Express saw its active cards decline to 1.334 million in January 2026 from 1.453 million a year earlier, a drop of 118,000 cards.
Nifty volatility to continue, avoid complacent bets: Rajesh Bhosale
Indian equity markets saw a minor recovery on Monday, but experts warn the rally might be short-lived due to persistent volatility. Analysts suggest avoiding aggressive
March 9, 2026