India Adds 1.26 Million Credit Cards in July as Consumer Spending Rises

Indian financial institutions issued over 1.26 million new credit cards last month, with HDFC Bank and SBI leading issuance volumes, while total transaction values remained above ₹2 lakh crore.

25 Aug, 18:16 — 25 Aug, 18:16

Post Share

Sources

Showing 1 of 1 sources

economic-times6d ago

India adds 1.26 million credit cards in July as spending rises; HDFC, SBI lead the way

healthy demand Industry card additions rise 11.5% over June; Card spends hold above ₹2 lakh-crore mark; Transaction volumes surge but the value per transaction declines

Read full article →

India Adds 1.26 Million Credit Cards in July as Consumer Spending Rises

Sources

India adds 1.26 million credit cards in July as spending rises; HDFC, SBI lead the way

Related Stories

Japan’s 10-Year Bond Yield Hits 30-Year High of 3 Percent

Oil Prices Surge Past $90 Amid Escalating US-Iran Tensions

Elliott Management Takes Stake in Air Liquide, Pushes for Margin Gains

Shein Shares Drop in Disappointing Hong Kong Stock Market Debut