Banks see over 15% growth in new credit card addition: RBI data

Indian banks added over 9.2 lakh credit cards in August, with HDFC Bank leading the charge. Total active credit cards reached 10.55 crore. Despite growth, transaction volumes slowed and spending declined to Rs 1.69 lakh crore. RBI has flagged risks in unsecured loans, urging caution among lenders.
Read The Rest at :