Impact of GST 2.0 short-lived as Credit Card spends moderate

The impact of GST 2.0 on consumer spending has proved to be short-lived, with card spends moderating after the...

Post-festive demand remains strong in country

The domestic demand has remained steady even after the festive season, indicating a positive consumption trajectory...

SBI projects India’s GDP growth of nearly 7.5 per cent in Q2 FY26

India's economy is expected to have grown by around 7.5 per cent in the second quarter of the current financial...

Credit card spending surges 23% to Rs 2.17 lakh crore YoY in Sept

Credit card spending in India rose sharply by 23 per cent year-on-year (YoY) to Rs 2.17 lakh crore in September...

Credit card spending hits 7-month low

The credit card spending hits a 7-month low amid persistent decline in the credit card spending, according to a...

Slowdown in credit card growth continues, disbursement: Report

The credit card sector in India is witnessing a slowdown, with disbursement growth falling to a four-year low,...

BNPL schemes, credit card spending reduce savings of youth

The "buy now, pay later" (BNPL) schemes and the credit card spending facilitate immediate consumption and reduce...

New credit card issue declined by 45 per cent YoY in October

The credit card industry witnessed a sharp correction of 45 per cent year-on-year in October as the new credit card...

Credit card spending drops by 3.4 pc in August

This comes alongside a deceleration in the growth of receivables per card, which rose by only 0.2 per cent...

Spend and loan growth of credit cards slowed

Growth in credit card spending across the system has dropped to about 13 per cent year-on-year (y-o-y) in August...

Indians Credit card spending increases 19 pc (YoY) to Rs 1.7 trn

Indian consumers demonstrated a significant increase in their credit card spending in July this year, marking a 19...

Turkey announces restrictions on using credit card for travel

The decision which hit airline shares and was witnessed as curbing foreign currency outflows, was one of two...