
The trend of purchasing through credit cards is increasing in the country and the volume of purchases through credit recorded a growth of 33.5 percent on a year-on-year basis in January.
According to the data released by the State Bank in January, consumers made purchases of 87 billion rupees through credit cards, which is 33.5% more than January last year.
In January last year, consumers made purchases of 65 billion rupees through credit cards. Compared to December 2022, there was no increase in the volume of purchases through credit in January on a monthly basis. In December, consumers also purchased 87 billion rupees through credit cards. Purchased.
In January last year, consumers made purchases of 65 billion rupees through credit cards, compared to December 2022, there was no increase in the volume of purchases through credit in January on a monthly basis. Purchased Rs.