Tag: credit card spending

Buy now pay later, credit card spending reducing savings of youth: RBI Deputy Governor
Posted in Economy

Buy now pay later, credit card spending reducing savings of youth: RBI Deputy Governor

The “buy now, pay later” (BNPL) schemes and the credit card spending facilitate immediate consumption and reduce the savings of the younger generations, said Michael…

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This comes after RBI Governor Shaktikanta Das said festival season demand at the moment is showing mixed signals with positives generally outweighing the negatives.(Representational Image/Pixabay)
Posted in Business

Indians spent 25% more using credit cards in September amid festive season demand: Report

Indians spent 25% more using credit cards in September 2024, compared to September 2023, according to a Business Standard report which added that this was…

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