To capitalize on this exhilarating opportunity, online and offline players have launched discount sales in India.
Around 50-60% of recurring transactions may fail as automatic clearance has come to an end.
Credit-driven expenditure grew during the pandemic but moving to an over-leveraged position can be against the interest of individual and collective
The monthly value of transaction involved jumped by 258% and volume of transaction by 135% in the past 16 months.
The country's largest lender announced that no extra processing fee or documentation is required to avail the instant EMI facility on SBI debit cards.
With declining sales threatening many businesses' existence, several have already laid off a portion of their personnel or are in the process of doing
People preferred to dine out and travel while cases were less, reducing wallet usage to 58% from January 1 to March 31 this year
The growth has been driven primarily by kitchenware and home renovation products
As per the survey, 63% of consumers were added to the 'newly constrained' list, 10% are under 'existing constrained' and 25% are 'cautious insulated'