Citibank expects card spends to reach year-ago level in Nov on festive offers, economic revival

Citibank expects debit and credit card spending by its customers in November to be at par with the performance in the year-ago period, a senior official said on Thursday.

The increase in spends, which have been affected across the industry because of the pandemic, will happen on revival in economic conditions and also festive schemes launched by the bank, its head of credit cards, payments and unsecured lending, Arjun Chowdhry, told

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