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flag Credit card spending in India surged 14% year-on-year in January, reaching Rs 1.84 lakh crore.

flag Credit card spending in India grew 14% year-on-year to Rs 1.84 lakh crore in January 2025, with transaction volume up 31%. flag Despite a 1% month-on-month decline due to a high December base, leading banks like HDFC, SBI, and ICICI saw market share gains. flag 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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