Axis Bank, a private sector lender, is expecting its credit card business to double in terms of volume during the next three years. The credit card spend by bank customers at present is around Rs 1,000 crore, which would experience a two to three times growth during the period.
In FY 2014, the bank having 1.5 million credit cards, has registered a growth of 84 per cent in credit card spends.
Axis Bank has 2,505 domestic branches & extension counters and 13,146 ATMs across the country, as on 30th September 2014, the network of Axis Bank spreads across 1,686 cities and towns, enabling the Bank to reach out to a large cross-section of customers with an array of products and services.
