1 / 10

10. IndusInd Bank Ltd

Number of outstanding cards: 9 lakh; Amount of Transactions: ATM - Rs 78 lakh; POS (Point of Sale) - Rs 1,856.9 crore

Indian banks that have issued highest number of credit cards

A credit card empowers users (card holders) to pay a merchant for goods and services based on an agreement to the card issuer to pay them for the amounts plus the other agreed charges.

In India approximately 4.178 crore credit cards have been sanctioned as of September 2018 to those with purchasing power and credibility based on their income.

Here’s a look at the banks which have issued highest number of credits cards in India.

(Source: Amar Ujala India Top 10 Year Book, 2019)