HSBC says India’s credit card segment may see a turnaround as issuances rise and asset quality improves. Despite FY25 challenges, new launches and stable delinquencies support growth. HDFC, SBI ...

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Europe's biggest bank HSBC will inject $4 billion into its private credit funds, amid a wider push by banks into the booming market as profits from traditional lending have come under pressure.

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However, despite the overall slowdown, the top three issuers – HDFC Bank, SBI Cards, and ICICI Bank added nearly 80% of all new credit cards issued in the first 11 months of FY25.

Another shortcut to KrisFlyer Elite Gold status is the HSBC Star Alliance Credit Card. Spend $4,000 or more with your HSBC Star Alliance Credit Card in the first 90 days of getting the card and you ...

HSBC is using FICO ® Platform to grow its credit card portfolio The project saw a 15% uplift in monthly spend by customers on their cards, as well as improvements in active card use and share of ...

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In 2023, credit card spending among India’s HNWI and UHNWI segments rose by 87%, driven by a 69% increase in overseas travel spending and a 56% rise in luxury purchases, HSBC said.