Credit card spends slip 2.7% in January despite steady card additions: Report
Total credit card spends declined 2.7% month-on-month (MoM) to ₹1,99,000 crore in January, down ₹5,600 crore from December 2025. On a year-on-year (YoY) basis, however, spending was still higher by 8.1%, indicating continued expansion compared to last year, albeit at a moderated pace.
Total credit card spends declined 2.7% month-on-month (MoM) to ₹1,99,000 crore in January, down ₹5,600 crore from December 2025. On a year-on-year (YoY) basis, however, spending was still higher by 8.1%, indicating continued expansion compared to last year, albeit at a moderated pace.
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