September noticed document spending on bank cards and a surge in new card additions. Festivals and tax cuts fueled home consumption. Whole month-to-month card spends exceeded ₹2.16 lakh crore, a big year-on-year improve. E-commerce spending was notably robust. This development is predicted to proceed into October with ongoing festive promotions and reductions.
Double delight for bank card biz; Spends, recent points hit a document
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