ICICI, SBI Cards and Axis gain from HDFC Bank freeze

ICICI Bank recorded a 10% rise in spends in January over December while its fresh cards grew nearly 3%. In the overall tally, it gained 1.5% market share. SBI cards, too, gained about a percentage point in market share, with total cards increasing to 11.6 million at the end of January against 11.4 million at the end of December, according to RBI data.

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