Indiaโs Credit Card Spending Falls 2.8% in August as New Card Growth Slows
Indiaโs credit card market showed signs of moderation in August, with spending slipping 2.8% month-on-month to โน2.02 lakh crore from โน2.08 lakh crore in July. New card additions also eased, suggesting a softer pace of expansion even as year-on-year spending remained higher.
