Credit card spending in India hits 7-month low in Feb 2025
The latest industry data reveals a 9% month-on-month drop in total card spends to Rs 1,672 billion, marking the lowest spending levels in seven months.
The latest industry data reveals a 9% month-on-month drop in total card spends to Rs 1,672 billion, marking the lowest spending levels in seven months.
Among card types, credit and charge cards are most preferred, accounting for 75.7% of the total card payment value in 2023.