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Credit card additions hit second-highest monthly level in 2026 as banks gear up for festive season

Mumbai: Indian lenders, led by HDFC Bank and Axis Bank, added 1.26 million net credit cards in September, the second-highest monthly addition this calendar year, as financiers expanded card portfolios ahead of the prime festive season, latest Reserve Bank of India (RBI) data showed.July was only marginally ahead in net additions, at 1.27 million.Also Read: Regional rural banks to set up cybersecurity centres, develop threat intelHDFC Bank and Axis Bank together accounted for nearly 43% of the n…

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Economic TimesLean R·7h ago
Credit card additions hit second-highest monthly level in 2026 as banks gear up for festive season
Mumbai: Indian lenders, led by HDFC Bank and Axis Bank, added 1.26 million net credit cards in September, the second-highest monthly addition this calendar year, as financiers expanded card portfolios ahead of the prime festive season, latest Reserve Bank of India (RBI) data showed.July was only marginally ahead in net additions, at 1.27 million.Also Read: Regional rural banks to set up cybersecurity centres, develop threat intelHDFC Bank and Axis Bank together accounted for nearly 43% of the n…
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Credit card additions hit second-highest monthly level in 2026 as banks gear up for festive season

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