Bank card spends drop over 10% from competition spending-led peak in October
After surging to a document excessive in October on the again of competition season-led accelerated discretionary spending, bank card spends normalised in November, falling over 10 per cent month-on-month. Spends for the month stood at ₹1.61-lakh crore, 10.04 per cent decrease m-o-m. In October, they’d surged over 25 per cent to the touch the document … Read more