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Credit card spending in India surged 14% year-on-year in January, reaching Rs 1.84 lakh crore.
Credit card spending in India grew 14% year-on-year to Rs 1.84 lakh crore in January 2025, with transaction volume up 31%.
Despite a 1% month-on-month decline due to a high December base, leading banks like HDFC, SBI, and ICICI saw market share gains.
Outstanding credit cards dropped by 1.2 million to 109 million, with average spending per card slightly down 1% month-on-month but up 1% year-on-year.
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El gasto de la tarjeta de crédito en la India aumentó un 14% año tras año en enero, alcanzando Rs 1,84 lakh crore.