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ISSUE 107
18 / 08 / 2020
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Cred Users In Top Three Metros Spending More On Online Subscriptions In Lockdown

Cred Users In Top Three Metros Spending More On Online Subscriptions In Lockdown
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Spending on subscriptions up in top 3 metros, 18% in Delhi, 11% in Bangalore and 8% in Mumbai during the lockdown despite a drop in spending on entertainment subscriptions. Overall, card spending by credit card users in the three cities fell as much as 51% percent from March to April.In March, all three cities saw increased spending on grocery, utilities, medical and fuel as consumers stocked up ahead of the shutdown.

https://www.bloombergquint.com/business/cred-users-in-top-three-metros-spending-more-on-online-subscriptions-in-lockdown

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