Banks play their cards right in December, issue highest no of new credit cards in 4 months

January 25, 2025

Lenders issued around 820,000 new credit cards in December, the highest in four months, driven by increased spending during the wedding season. HDFC Bank and SBI Cards led with significant contributions. Despite stress in unsecured segments, credit card spending surged by nearly 11%, reaching ₹1.9 lakh crore.

More To Explore

Groww’s Ishan Bansal sees structural shift in derivatives participation post regulatory changes

Derivatives business faces a structural reset post FY25 regulatory changes, with growth now driven by a smaller but stable customer base, increased market volatility, and

April 21, 2026

Nifty bears regret not buying the dip. Will Trump hand them a second chance?

Indian equities have staged a sharp recovery, with Nifty up 9% this month, surprising bears who anticipated a deeper dip. Despite geopolitical tensions, market sentiment

April 21, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003