India to have 200 Million credit cards by 2029
Shortpedia
Content Team
Image Credit: newsbytes
India's credit card industry is on a rapid growth trajectory, with projections indicating that the number of cards will reach 200 million within five years. This forecast is based on a compound annual growth rate (CAGR) of 15%. A recent report by PwC reveals that this expansion represents a doubling of the number of cards, issued over the past five years.
