Credit card usage in India remains low despite improved asset quality and a growing credit ecosystem, according to Transunion Cibil.

Credit cards are losing share in India's unsecured lending market as consumers increasingly opt for small-ticket personal loans and other consumption-linked credit, according to a…

Credit card usage in India remains low despite improved asset quality and a growing credit ecosystem, according to Transunion Cibil.

India's credit card market has expanded sharply over the past decade, but is yet to touch its potential, with only !

Credit cards now hold 38% of unsecured credit, down from 56% in 2016. Small personal loans under fifty thousand rupees have gained significant market share. Card balances remain…