Q2 FY24 Key Highlights - OSBI Card
Retail Spends Insights
Online Spend %
Spends Categories
25
MAKING LIFE SIMPLE
OSBI Card
% Growth^
Total Spends
POS Spends Online Spends
54%
57%
57%
55%
Category 1
Departmental Stores, Health, Utilities,
29%
24%
30%
Education & Direct Marketing
Category 2
52%
Consumer durables, Furnishing &
3%
24%
44%
Hardware, Apparel & Jewelry
Category 3
FY21
FY22
FY23
Q1FY24
Q2FY24
Travel Agents, Hotels, Airline, Railways,
Entertainment & Restaurant
26%
17%
34%
UPI Spends Insights
^ H1 FY24 Over H1 FY23 | Category analysis excludes Fuel & Automotive Service category.
Online Festive Sale for H1'23 started in Sep'22 while for FY24 same was in Oct'23
9%
UPI penetration*
Rs.950
Average
Ticket Size
Rs.11K
Average
UPI Spends/Account/month
Top 5 Categories for UPI Spends: Depart. Stores & Grocery | Utilities | Restaurants | Cons. Durables | Fuel
*Active UPI users on RuPay Card Base as of Sep'23View entire presentation