More Indians are now tapping mobiles to pay than cards
The subdued spends on credit cards in FY21 also reflected in banks’ credit growth. Synopsis The number of card-based transactions through credit and debit modes decreased by 19 per cent and 20.6 per cent, respectively in FY21. The value of these card-based transactions, too, fell by 13.7 per cent and 5.9 per cent, respectively to … Read more