New Delhi, July 24 -- The cumulative data for credit card spend (online and POS combined) in June showed muted growth vis-a-vis May, shows the latest Reserve Bank of India (RBI) data.

The total value of financial transactions done by thecredit card issued by the bank atPoS terminals in June stood at 67K crore in comparison to 69.6K crore in May.

Likewise, the value of transactions done by credit cards at online and e-commerce sites in June stood at 115K crore against 120K crore in May, theRBI data showed.

The same trend can be seen incredit card numbers as well where the number of outstanding cards remain flat. The total number of outstanding cards in June stood at 11,11,97,361 against 11,11,97,596 in May.

(Source: RBI)

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