credit card spends

Despite being a seasonally weak period, August payments data from the Reserve Bank of India (RBI) set new records, pointing to a strong revival in consumption. The Unified Payments Interface (UPI) platform processed transactions worth…

Credit card additions and expenditures climbed at the fastest pace in May in recent quarters, underscoring the fading impact of Covid-induced disruptions on consumption habits, as an increasing number of urban Indians took lengthy…