As per the latest data collated by PGA Labs shows that, the State Bank Of India has topped debit cards market with a 30% market share, as of June 2022.
Followed by Bank of Baroda (8% market share), Bank of India, Canara Bank Union Bank, and Punjab National Bank with 5% each.
HDFC Bank also topped the charts in the credit cards segment with a market share of 22%, followed by SBI (18%), ICICI Bank (17%), Axis Bank (12%), RBL Bank (5%), and Kotak Mahindra Bank (5%).