Debit Cards by Foreign Banks
• The debit card base of foreign banks in India exhibited mixed trends during 2025. DBS India Bank Ltd maintained the largest share with over 16.4 lakh cards by August 2025, followed by Standard Chartered Bank Ltd, which saw a gradual decline from 10.3 lakh in January to 8.4 lakh by August.
• HSBC Ltd recorded a modest recovery, rising from 7.9 lakh in March to 8.45 lakh cards in August. SBM Bank India Ltd and Deutsche Bank Ltd displayed relatively stable performance around 8.3 lakh and 1 lakh cards, respectively.
• Smaller players like Doha Bank, Bank of Bahrain & Kuwait, and Woori Bank showed consistent but minor increases, reflecting steady niche operations.
• Overall, the segment indicates limited but stable debit card activity within foreign banks operating in India.
| Debit Cards - Foreign Banks | ||||||||
|---|---|---|---|---|---|---|---|---|
| BANK OF BAHRAIN & KUWAIT B.S.C. | 900 | 900 | 934 | 965 | 992 | 1,027 | 1,074 | 1,101 |
| BARCLAYS BANK PLC | 1,024 | 1,024 | 466 | 468 | 472 | 472 | 486 | 496 |
| DBS INDIA BANK LTD | 16,82,690 | 16,82,690 | 16,41,526 | 16,39,710 | 16,53,926 | 16,59,279 | 16,53,045 | 16,45,943 |
| DEUTSCHE BANK LTD | 1,03,662 | 1,03,662 | 1,04,159 | 1,02,198 | 1,02,940 | 1,01,385 | 1,02,689 | 1,01,829 |
| DOHA BANK | 22,882 | 22,882 | 22,951 | 22,990 | 23,054 | 23,085 | 23,130 | 23,158 |
| HSBC LTD | 8,71,431 | 8,71,431 | 7,96,475 | 8,01,910 | 8,05,504 | 8,09,458 | 8,28,992 | 8,45,034 |
| KEB HANA BANK | 1,659 | 1,659 | 1,687 | 1,697 | 1,706 | 1,734 | 1,746 | 1,768 |
| KOOKMIN BANK | 521 | 521 | 531 | 549 | 561 | 564 | 568 | 575 |
| SBM BANK INDIA LTD | 8,29,126 | 8,29,126 | 8,27,331 | 8,39,040 | 8,45,542 | 8,51,727 | 8,34,380 | 8,38,926 |
| STANDARD CHARTERED BANK LTD | 10,30,847 | 10,30,847 | 9,79,772 | 9,29,370 | 9,05,486 | 8,86,608 | 8,55,683 | 8,48,080 |
| WOORI BANK | 1,314 | 1,314 | 1,332 | 1,352 | 1,373 | 1,404 | 1,410 | 1,427 |
Units: In Numbers
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