.........."During the first half of this financial year, jewellery, consumer goods and travel have not grown significantly. These are where credit card usage is high. Because of the depreciation of the rupee, many postponed or cancelled travel abroad. Also, the incremental spends on garments, mobile phones and other consumer goods have been low in the first six months. RBI came down heavily on jewellers. All these probably contributed to slow growth in the outstanding credit card book,"........
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