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The Economic Times

Economy / The Economic Times

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Credit card transactions jump 2.6 times in four years: RBI report

Credit card transactions in India saw a significant jump between 2021 and 2025. Private banks expanded their dominance in this segment. Debit card usage, however, decreased as consumers embraced digital payment methods like UPI and digital wallets. This shift highlights the rapid digitisation of India's payment ecosystem.

18 May 2026 11:03 pm