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  • InduQin

Chart of the Day: Credit card spending touches a new high

The growth of electronic transactions in India is well-documented and appreciated globally. Indians have seamlessly adapted to electronic transactions using various modes, thanks to the growth and acceptance of mobiles, the internet and the banking system in the country. Underneath the flurry of electronic transactions, plastic money has also steadily grown. Various developments and changes in technology have helped the growth of the credit card industry in the country. Like many segments of the economy that are touching new levels,...


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