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Article: New Delhi, Sept 21 (PTI) SBI today said it would increase its credit card base to 2.6 million from the present 1.9 million base by next financial year.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- September 22, 2005
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"We are considering tie-ups with some big names in the industry to enhance our credit card base," SBI Card CEO Roopam Asthana said on the sidelines of the launch of SBI Card-Lifestyle premium retail store card.
Asthana said the tie up with Lifestyle International will help enlarge the SBI Card base by adding the three million customer base of the retail store.
Citing the recent Mckinsey report, Asthana said there is great potential in the credit cards industry which is growing at 25%-30% every year.
He, however, urged for ...