Banks: Axis Bank travel currency card volume crosses $2 bn
Moneylife Digital Team 01 March 2012

Axis Bank said sales and usage volumes for its travel currency card used for international travel have crossed $2 billion. The Bank claimed that it holds 48% market share in the segment; this was the first time anywhere in the world that any bank has crossed $2 billion in sales for such a card. The product, launched in 2003, had surpassed the $1 billion mark in 2009. The card allows users to...

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