You are here: Home » Economy & Policy » Q&A
Services exports rise 20.2% to $23.26 bn in July, shows RBI data
Business Standard

Growth in credit card spends is here to stay: Rama Mohan Rao Amara

Rama Mohan Rao Amara, MD & CEO, SBI Card spoke on the reasons behind record spends, the company's ideal run rate of issuance of credit cards, impact of RBI's discussion paper on payment charges.

Topics
SBI Credit Card | Credit Card | UPI

Subrata Panda 



Rama Mohan Rao Amara
Rama Mohan Rao Amara

spends have topped Rs 1 trillion for five consecutive months. The issuance of new cards has seen momentum of late. RAMA MOHAN RAO AMARA, managing director and chief executive officer, SBI Card, in conversation with Subrata Panda talks about the reasons behind record spends, the company’s ideal run rate of issuance, and the impact of the Reserve Bank of India’s (RBI’s) discussion paper on payment charges. Edited excerpts:

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, September 01 2022. 22:22 IST

RECOMMENDED FOR YOU

.