Card companies and banks gear up to take advantage of sanctions on market leader HDFC Bank

Indian banks selling credit cards are seeking to gain at the expense of HDFC Bank. Most top card companies and banks are busy chalking out strategies to build market share as the incumbent leader, HDFC Bank, faces temporary regulatory curbs on the expansion of its digital offerings, which would include the cards business.HDFC Bank sells at least 2 lakh credit cards every month and has a market share of 26 per cent, followed by SBI cards with a