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As Covid-19 second wave wanes, credit card spending rises in India

HDFC Bank plans to aggressively issue cards after central bank withdraws ban, helping sector to make more gains.

Topics
Coronavirus | Credit card loans | Credit card charges

Manojit Saha  |  Mumbai 



credit card
Card issuances also are expected to grow in the coming months as the banking regulator has now lifted the restriction on HDFC Bank

Indians are spending on their credit cards like before the pandemic hit the country late 2020 as restrictions are eased on public movement and businesses, shows data released by the Reserve Bank of India (RBI).

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First Published: Thu, August 26 2021. 11:37 IST

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