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Development · 26 Aug 2026

SBICARD, full dossier

India added more than a million new credit cards for a third consecutive month in July 2026, with 1.27 million new cards issued, while industry-wide credit card spending growth moderated to 7.1% year-on-year in July from 10% in June 2026.

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The record

India added more than a million new credit cards for a third consecutive month in July 2026, with 1.27 million new cards issued, while industry-wide credit card spending growth moderated to 7.1% year-on-year in July from 10% in June 2026.

cnbctv18.com31 Jul 2026

A single act of reporting so far, corroborating sources join this record as they publish.

SBI Cards and Payment Services

₹660.10

+1.40%

Close (EOD), as of 26 Aug 2026 · source

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