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.
Credit card spending
Credit card usage eases after festive surge, down 16% in Nov
Credit card usage moderated in Nov 2024, post strong festive demand in Oct 2024, reporting a ~16.1% drop month on month to ~Rs 1.7 tr.
