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Credit card spending growth slows in India despite surge in new issuances: SBI Cards and market trends
India's digital payment ecosystem is witnessing a fascinating paradox. According to the latest data released by the Reserve ...
SBI Card’s total card spending rose 27% on year to 1,18,000 crore rupees, while cards in force, or the sum of all credit cards issued, rose 7% from last year to 2.26 crore million.
Google Pay and SBI Card have launched a new co-branded credit card aimed at making everyday spending more lucrative for users. Called the Google Pay Flex SBI Card, the card promises rewards worth up ...
SBI Cards gained nearly 2% after July data showed a 21.6% year-on-year rise in spends, significantly ahead of industry growth ...
The SBI Cashback credit card is one of the most straightforward, rewarding, and reliable credit cards on the market. Thanks to SBI’s trust and contactless functionality (with support for foreign ...
Bernstein continues to see downside risks from a further decline in the revolvers-to-spends ratio, which could keep net ...
SBI retained 25 per cent of India's debit card market in July, while HDFC Bank led credit cards with a 22 per cent share, based on RBI data.
From cashback caps to lounge access and reward points, several popular credit cards have tightened benefits this year.
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