India's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape - New Report Available
The Indian cards and payments industry registered significant growth during the review period (2008-2012). The card payments channel grew at a CAGR of 27.05%, to reach 456.8 million cards in circulation by the end of 2012. In value terms, the card payments channel valued INR19.4 trillion (US$363.0 billion) in 2012. Changing lifestyle demographics, increased popularity of online shopping and higher disposable income per capita supported the growth of cards in circulation. Many Indian banks expanded their networks of automated teller...
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