2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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SBI Card
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Kotak Mahindra Bank Card
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Yes Bank Card
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Dena Bank Card
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Detailed explanation-1: -SBI Card raises ₹700 crore from banks, including parent bank to fund growth.
Detailed explanation-2: -According to the RBI, HDFC Bank holds 28.4% market share in credit card spends as of July 2022. The most popular HDFC credit card available in the market are: HDFC Bank Infinia Credit Card.
Detailed explanation-3: -HDFC Bank, with over 1.76 crore active credit cards (as of June 2022) is the largest card issuer in the country.
Detailed explanation-4: -Some of the most popular banks offering credit cards in India are HDFC, SBI Card, ICICI, Amex, Axis, Citibank, Standard Chartered Bank and Kotak Mahindra Bank.
Detailed explanation-5: -Four major credit card networks dominate the market in the U.S.: American Express, Discover, Mastercard and Visa.