We see that outflows from the US and they have to go somewhere in the rest of the world and if you are a market that is largely domestically oriented, so not so much exposed to trade and you have a stock market that has already actually come off and where valuations look a little bit more reasonable than they were a year ago, then of course these things start to look quite interesting.
ICICI Bank adds most credit cards in April amid rising competition
Axis Bank added 63,446 cards in April, less than half its February tally. Kotak Mahindra Bank remained steady at 33,038 additions. “We are focused on