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Average ticket size of credit cards falls 16 percent in H2 2024: Report

Summary by TheSpuzz
Source: Live Mint In December 2024, total number of credit cards was 108.06 million, a 10.4 percent year-on-year increase as compared to Dec 2023, shows a report by Worldline India. The report further reveals that top five issuers of credit cards were HDFC Bank, State Bank of India (SBI), ICICI Bank, Axis Bank and RBL Bank. 71 percent of credit cards were issued by private sector banks while 24 percent by public sector banks. At the same time…
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Average ticket size of credit cards falls 16 percent in H2 2024: Report

Source: Live Mint In December 2024, total number of credit cards was 108.06 million, a 10.4 percent year-on-year increase as compared to Dec 2023, shows a report by Worldline India. The report further reveals that top five issuers of credit cards were HDFC Bank, State Bank of India (SBI), ICICI Bank, Axis Bank and RBL Bank. 71 percent of credit cards were issued by private sector banks while 24 percent by public sector banks. At the same time…

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TheSpuzz broke the news in on Friday, April 4, 2025.
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