Credit card usage in India has surged, with active cards doubling to 108 million and transaction value tripling to ₹20.37 lakh crore in five years. Debit card growth was modest as digital payment methods gained traction. Public sector banks' market share in debit cards fell while credit card debt rose 19%, highlighting a shift in consumer credit preferences.
from Banking/Finance-Industry-Economic Times https://ift.tt/LvC9sMU
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