India: Credit Card Usage Surges

🇮🇳 🇮🇳 India spent the highest on credit cards in Oct’23. For the sector in Oct’23: Total spends were at Rs178982cr, up 37.99%YOY & 25.43% MOM. Cards in force were at 9.47cr, up 19.3%YOY & 1.82%MOM. Avg spend per card at Rs18898, up 15.63%YOY & 23.2%MOM

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