Credit card profit pool shrinks as revolvers evolve

"The decline in the level of revolvers has impacted profitability," ICICI Bank group CFO Anindya Banerjee said, adding that the business remained profitable and retained multiple levers-including cost management and rewards optimisation-to sustain returns. "It is a business one would continue to have a very strong focus on."

Raccontata daeconomictimes.indiatimes.com