Finance SBI Cards IPO: Here's how SBI credit cards compare with other banks' products Updated : February 27, 2020 06:18 AM IST According to the RBI, SBI Cards is the second-largest credit card issuer in India both in terms of numbers of credit cards outstanding and amounts of credit card spends. HDFC Bank has the largest credit cards business in the country with 13.3 million cards issued. ICICI Bank stands third with 7.9 million credit cards. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.