Consumer spends will come back strongly in coming days: Rama Mohan Rao Amara, SBI Card


Consumer spends will come back strongly in coming days: Rama Mohan Rao Amara, SBI Card

"We are very confident because of the impending festive season and the vaccination drive that is on the way. We are hoping that there is no third wave. Things are looking better and spends will come back strongly in the coming days."

“As an industry, we had 10 lakh claims in the first quarter of this year, which is the same as the number of claims for the whole of last year. The claims are close to the provisions that we had made last year,” said Ritesh Kumar, MD & CEO, HDFC Ergo General Insurance.


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