SBI also reversed earlier declining trends with a 5 per cent growth in May. In contrast, Bank of India witnessed a sharp 16 per cent drop in its debit card base.

BENGALURU, Oct 31 (Reuters) - SBI Cards and Payment Services (SBIC.NS) and the retail unit of billionaire Mukesh Ambani's Reliance are set to launch a co-branded credit card on India's homegrown ...