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India's credit card market is massively dominated by legacy banks. CC space (Jan '25 figures)ā¤µļø - HDFC processed ā‚¹50,664 Cr - ICICI, ā‚¹35,682 Cr - SBI, ā‚¹28,976 Cr - Axis, ā‚¹20,212 Cr RBI reported ā‚¹1.84 Lakh Cr in credit card spends in January alone

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Anonymous

Anonymous 1

Hey I am on MedialĀ ā€¢Ā 3d

CC space is ripe for disruption, but legacy banks arenā€™t just sitting around. Expect a battle

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India's credit card market is massively dominated by legacy banks. CC space (Jan '25 figures)ā¤µļø - HDFC processed ā‚¹50,664 Cr - ICICI, ā‚¹35,682 Cr - SBI, ā‚¹28,976 Cr - Axis, ā‚¹20,212 Cr RBI reported ā‚¹1.84 Lakh Cr in credit card spends in January alone

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What do you think can be done to promote India's tourism? Can a startup around this space can sustain .... or its just not needed?? Thaughts?

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