Thursday, October 17, 2024

BANKING

Axis Bank became the fourth largest credit card issuer in Q2 FY25, with a 14% increase in Cards in Force. Credit card transactions surged, especially in lifestyle, fashion, and electronics. However, millennial defaults are rising, with outstanding debt reaching substantial highs.

from Banking/Finance-Industry-Economic Times https://ift.tt/9qKM4pu
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