Answer: State Bank of India
Notes: As per the data collated by PGA Labs, the country's largest bank, the State Bank of India remains the top player with a 30% market share of debit cards as of June 2022. However, the bank registered a 6% drop in year-on-year growth. Bank of Baroda secured second place followed by Bank of India and Canara Bank. HDFC Bank and Axis Bank witnessed the highest growth in the segment. HDFC Bank also topped in the credit cards segment with a market share followed by SBI and ICICI Bank.
