November 23, 2024 01:57 (IST)
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Credit card spending grows 27% YoY to Rs 18.26 trillion in FY24: RBI

Credit card spending grows 27% YoY to Rs 18.26 trillion in FY24: RBI

Mumbai: Credit card spending increased by 27% year-on-year to Rs 18.26 trillion in the financial year 2023-24 (FY24), up from around Rs 14 trillion in the previous year, according to the latest data from RBI.

Credit card spending reaches record high at Rs 1.4 lakh cr in May; 87.4 million cards in circulation

Credit card spending reaches record high at Rs 1.4 lakh cr in May; 87.4 million cards in circulation

Mumbai: Credit card spending in India hit a record level of Rs 1.4 lakh crore in May, the data released by the Reserve Bank of India (RBI) revealed.