Value of credit card transactions surge by 29% in Aug
Transactions carried out using credit cards in August were worth Rs 8,078.98 crore, 29.1% more than that in the same month last year. Credit card transactions in August 2010 amounted to Rs 6,259.42 crore. The number of credit cards in circulation has, however, declined by over 6.7% to 1.75 crore as of August 31, 2011, […]