News > How a credit card pandemic is gripping India
How a credit card pandemic is gripping India
17/03/2024 12:50 PM | Click to read full article
From two crore in 2011 to 10 crore in 2024, the number of credit cards issued in India has seen a phenomenal jump. Credit cards have become more than just a convenient mode of payment; they have evolved into a means of financial freedom and accessibility. However, millions of Indians are fighting a constant battle to avoid defaulting on their EMIs. Many end up opting to go for personal loans to pay off credit card dues.
