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Banking & Insurance Economic & Finance Market Overview Personal Finance Travel

The Indian love for travel is driving credit card spending

Since travel has resumed after the covid lockdown, people in India are spending a lot on travel. In fact, most of them continue to spend on travel and hospitality by swiping their credit cards. India’s credit card spend on travel is increasing month by month. New data released by the Reserve Bank of India reveals […]

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Banking & Insurance Economic & Finance Market Overview Retail

Lockdown: Why are people shifting from credit cards to debit cards?

During this pandemic, there has been a change in expenses from credit cards to the debit card. Indians are getting back on alternative purchases and other things went digital while paying for any need and want. According to the RBI, credit card usage has come down by 36%. The average spending per credit card was around 12000 […]

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