<div id="readability-page-1"><div id="parent_top_div"><div> <p>HSBC and American Express led foreign banks in net credit card additions in FY25, with HSBC adding 216,997 cards and American Express adding 107,086 cards during the period, Reserve Bank of India (RBI) data shows. During this period, the banking industry added over 8 million credit cards. Standard Chartered Bank’s outstanding credit cards at the end of FY25 declined by 158,322 cards. In FY24, American Express’s net credit card additions stood at 11,450 cards while HSBC’s outstanding credit cards declined by 38,693 cards during this period. In prior years, American Express witnessed decline in its outstanding credit cards.<small> </small></p></div></div></div>

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<p>HSBC and American Express led foreign banks in net credit card additions in FY25, with HSBC adding 216,997 cards and American Express adding 107,086 cards, according to Reserve Bank of India data. The banking industry added over 8 million credit cards during this period. In contrast, Standard Chartered Bank saw a decline of 158,322 cards. In FY24, American Express had only 11,450 net additions, while HSBC's outstanding cards decreased by 38,693.</p>

- HSBC and American Express led foreign banks in net credit card additions in FY25, with HSBC adding 216,997 cards and American Express adding 107,086 cards.  
- The banking industry overall added over 8 million credit cards, while Standard Chartered Bank saw a decline of 158,322 cards.  
- In FY24, American Express had net additions of 11,450 cards, and HSBC's outstanding cards decreased by 38,693, continuing a trend of decline for American Express in previous years.  

Amex, HSBC lead foreign banks in net credit card addition in FY25