Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 347)
347.
What was the percentage increase in credit card defaults from March 2022 to March 2023 according to data provided by RBI?
Answer: Option
Explanation:
Credit card default rose to Rs 4,072 crore or 1.94% at the end of March 2023. As per the inputs received from RBI, in respect of defaults in credit cards, the gross non-performing assets in credit cards were Rs 3,122 crore in March-2022.
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