Big Business On The Cards For Banks With Customers On Swiping Spree
The Hindu Business Line|March 04, 2020
Full reliance on Cibil score has made portfolio ‘healthy’ and ‘dependable’
- G Naga Sridhar
Big Business On The Cards For Banks With Customers On Swiping Spree

The country appears to be on a swiping spree if the recent spurt in the credit card business of banks is any indication.

According to data released by the Reserve Bank of India in February, the total credit card outstandings of banks stood at ₹1,05,905 crore as on December 31, 2019, a year-on-year growth of 25.3 per cent.

Overall credit card spend also went up 32 per cent year-on-year in the last financial year and touched ₹6 lakh crore, with 47 million cards issued.

この蚘事は The Hindu Business Line の March 04, 2020 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は The Hindu Business Line の March 04, 2020 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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