Number of credit cards more than doubled to 10.8 cr in 5 years, transactions surge: RBI New Delhi, Jan 28: The number of credit cards has more than doubled to around 10.80 crore at the end of December 2024, compared to December 2019 when there were 5.53 crore cards in circulation, accord...
Credit card usage in India grows as consumers finance consumption needs New Delhi, Jan 27: Credit card usage in India grew at 34 per cent in the September quarter of 2024, compared to 26 per cent in the same period in 2023, as consumers increased spending on their existin...
Rural credit ecosystem in India getting formalised: NABARD Chairman Shaji KV New Delhi, January 5: India's rural credit ecosystem is increasingly getting formalised and borrowers across the country are preferring formal sources due to a variety of reasons, including interest s...
