Despite the stress, big banks keep playing credit cards
- Posted on December 11, 2025
- By Business News Today
- 1 Views
Despite the stress, big banks keep playing credit cards
Several mid-sized lenders, including Kotak Mahindra Bank, RBL Bank, and IndusInd Bank, are slowing new credit card issuances due to ongoing sector stress and a focus on cleaning up books. This contrasts with larger banks like HDFC Bank and ICICI Bank, which continue aggressive portfolio expansion.
