Credit card businesses in India

CA Ranganatha Achar K | Last updated: 07 December 2021

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Credit card usage is on the rise in India, offering flexibility and the ability to build credit history. While major players like HDFC, ICICI, Axis, and SBI dominate the market, it's crucial to understand the associated charges and interest rates. Using credit cards judiciously, by paying dues on time and avoiding cash advances or international transactions, can make them a valuable financial tool.

Introduction I had begun my Professional career in UAE where the culture and business of credit card is quite robust with deep market penetrations, there are both advantages and disadvantages of owning a credit card and the success lies in judicious use of the same, off late I am seeing a positiv

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About the Author

CA Ranganatha Achar K

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I am aPractising Chartered Accountant Cost Accountant Based In Udupi, prior to practice I was based In Abu Dhabi working in various capacities with the last one being Group Internal Auditor before settling back in my Home town.Writing articles on our Professional matters is one of my favourite past times, when Iam not ... Read more

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