"Going forward, we expect card expenditure to moderate further over the next couple of months due to the end of festive season and inflationary impact on consumer spending," said Bunty Chawla, analyst, IDBI Capital.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/credit-card-spends-fall-for-the-first-time-in-six-months/articleshow/96501198.cms
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