Outstandings on credit cards up 22 per cent on higher plastic money use

Credit card outstandings are rising again, the way one saw them build up in the pre-crisis days of 2007 and 2008. This time, however, both the card issuers and users appear more prudent. Hence, it may not yet be a sign of any build-up of stress in the system, but an indicator of increasing use of plastic...........

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