Some interesting data on Credit Cards market in India
1. Top 6 banks command 80% market share of cards in force.
2. HDFC Bank has 1.37 Cr cards in force followed by SBI at 98 lac credit cards
3. HDFC Bank commands a market share of 25% of total cards issued.
4. Citibank customers do an avg of 6 transactions a month
5. American Express has highest Card Spend per Customer per month at Rs 24,284.
6. Avg transaction value per card swipe is highest for Indusind at Rs 6994 .
7.By count - 29% of all POS transactions go through HDFC cards. Rest
18% for SBI.
14.7% for ICICI.
9.3% for Citi.
Axis 8.4%.
8. By value - 30% of all POS transactions go through HDFC cards.
Rest.
18% for SBI.
11.6% for ICICI.
6.7% for Citi .
10.5% for Axis
Source RBI