...Indians shopped for Rs 8,997 crore worth of goods and services using their credit card in October this year, compared with Rs 6,760 crore spent in October last year, an increase of 33 per cent, at a time when the number of outstanding credit cards fell to 1.76 crore in October 2011, against 1.82 crore cards in October last year, according to data available with the Reserve Bank of India (RBI). ...........
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