Module: General Practice
Q36: Which bank group experienced a steep decline in its share of outstanding credit cards, from 11.7 per cent in June 2020, to 4.1 per cent in June 2025?
✅ Correct Answer: C
Foreign Banks witnessed a steep decline in their market share of outstanding credit cards.
Their share fell significantly from 11.7 per cent in June 2020 to just 4.1 per cent in June 2025, a trend attributed to market consolidation in the RBI's Payment Systems Report - June 2025.
Their share fell significantly from 11.7 per cent in June 2020 to just 4.1 per cent in June 2025, a trend attributed to market consolidation in the RBI's Payment Systems Report - June 2025.