Credit Card issuance declines in Q2FY26 amid slowing consumer credit growth: JM Financial

India's credit card growth is slowing. New card issuances have dropped significantly. Private banks are increasing their market share in credit cards. Meanwhile, public sector banks are gaining ground in personal, home, and auto loans. This shift indicates evolving trends in consumer credit across different banking sectors.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/XNuCqxZ
via IFTTT

Comments

Post a Comment

Popular posts from this blog

India's Paytm Payments Bank granted status upgrade

Image
Paytm Payments Bank, a niche bank that cannot lend on its own, had more than 64 million savings accounts and over 52 billion Indian rupees ($688.5 million) deposits, including savings accounts, current accounts and fixed deposits with partner banks at the end of March this year. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3pJr1JN via IFTTT
Read more