Home » Bank card spends may quickly be at pre-Covid ranges: Kotak Mahindra Bank
Whenever you evaluate between debit and bank cards, the spending beneath debt card is greater than bank card as per the present knowledge.
Kotak Mahindra Bank on Thursday stated bank cards spends may come again to the pre-Covid ranges with the festive season approaching quickly.
“When you compare between debit and credit cards, the spending under debt card is more than credit card as per the current data. But, we are just at the cusp of getting into the festival season. When we have done some kind of a test marketing on the consumer sentiment, what we are getting to hear is people are looking forward to the unfolding of the festival season and we would probably see consumption at a different level…” stated Puneet Kapoor, president – merchandise, alternate channels and buyer expertise supply, Kotak Mahindra Bank.
Whereas launching the Cricket Version vary of debit and bank cards, the bank introduced that it’s now the official companions of six IPL groups – Delhi Capitals, Kings XI Punjab, KKR, Mumbai Indians, Rajasthan Royals and Sunrisers Hyderabad.
The bank stated unveiling of the ‘MyTeam Cards’ is a technique for its buyer centricity and deepening of buyer engagement with new choices.
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