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Credit Cards spend

SBI Cards shares jump 4% intraday as credit card spend hits fresh high in May; brokerages see up to 51 upside

SBI Cards shares jump 4% intraday as credit card spend hits fresh high in May; brokerages see up to 51 upside

Mon, Jun 27, 2022

Credit card spends grew 8 per cent month-on-month (MoM) to Rs 1.14 trillion in May 2022 and the same grew a strong 118 per cent year-on-year (YoY), up over 23 per cent on a three-year CAGR basis. 

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