Credit Card Additions for the Month Show Healthy Growth

Credit Card Additions for the Month Show Healthy Growth

Credit card additions for the month showed healthy growth, increasing by 1.6% on-month compared with 1.3% in July. This data reflects the continuous popularity and usage of credit cards among consumers. The total number of credit cards in circulation has crossed the 9 crore mark, indicating a significant presence of credit cards in the market. Furthermore, credit card spending reached a record high of ₹1.49 lakh crore, highlighting the increasing reliance on credit cards for various transactions. Read more about the latest trends in credit card usage and spending on the link below.

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