Credit Card Defaults Piling Up

Published On: August 09, 2023 - Defaults on credit card Credit card rose to Rs 4,072 crore, or 1.94%, at the end of March 2023. While credit card outstanding in March-2022 and March-2023 was Rs 1.64 lakh crore and Rs 2.10 lakh crore, respectively. News9's Shweta Kothari, Kartik Malhotra and Amit Ranjan Kumar discuss the implications for the common man.