B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
32.2%
32.2% -- credit card spending growth rate for India credit card market (2023-08)
Year-on-year credit card spending in India grew by 32.2% in August 2023.
Attribution:
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Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
32.2%
Unit
Percentage
Data Vintage
2023-08
Entity
Geography
IN
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
Reserve Bank of India (via ET BFSI)
Primary
Tier B
https://bfsi.economictimes.indiatimes.com/news/banking/credit-card-spending-hits-rs-1-5-lakh-crore-m… ↗
Source Article
Credit card spending hits Rs 1.5 lakh crore milestone in August on e
Original Research
Reserve Bank of India (via ET BFSI)
· Original study ↗
Methodology
Year-on-year growth in credit card spending
Methodology documented
Segmentation
IndustryFinTech
RegionIN
Cite this stat
Plain Text
India credit card market: 32.2% credit card spending growth rate. Source: Reserve Bank of India (via ET BFSI) (2023-08). Via Lighthouse Intelligence -- https://lighthousedata.io/data/india-credit-card-spending-yoy-growth-aug-2023
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<blockquote cite="https://lighthousedata.io/data/india-credit-card-spending-yoy-growth-aug-2023" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>32.2%</strong> -- credit card spending growth rate for India credit card market<br><small>Source: Reserve Bank of India (via ET BFSI) (2023-08) · <a href="https://lighthousedata.io/data/india-credit-card-spending-yoy-growth-aug-2023" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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