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Feb Credit Card Spends Decline to 7-Month Low
The New Indian Express Vishakapatnam
|April 01, 2025
MONTHLY credit card spends dropped to a seven-month low of ₹1.67 trillion (₹1.67 cr) in February as against spending of ₹1.84 trillion in January 2025, according to the latest Reserve Bank data.
The month also saw card-issuing banks gearing down their aggressive card issuance with the number of issuance rising marginally to 109.31 million in February from 108.87 million in January. In February 2024, the number stood at 100.60 million, which by
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