India’s Millennial Credit Card Boom Runs Into Ambani
Mastercard Inc. credit and debit cards are arranged for a photograph. (Photographer: Andrew Harrer/Bloomberg)  

India’s Millennial Credit Card Boom Runs Into Ambani

(Bloomberg Opinion) -- For every 100 people in India, there are only three credit cards. A comparable penetration figure for the U.S. is 320.
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