Credit card spends ease in October as point‑of‑sale transactions grow 22pc

New Delhi, Dec 2 (IANS) Credit card spending eased by Rs 2.5 billion in October to Rs 2,142 billion, a moderation of 1.1 per cent month‑on‑month but an increase of 6.1 per cent year‑on‑year, driven by a sharp shift toward point‑of‑sale transactions, a report said on Tuesday. “The strong POS growth can likely be attributed […]