Credit card spending in July 2024 increased by 19 per cent Y-o-Y to Rs 1.72 trillion in July. Sequentially, the spending increased by 8.9 per cent from Rs 1.58 trillion in June 2024. HDFC Bank continues to be the leader in the number of cards in force followed by SBI Cards, ICICI Bank, and Axis Bank.
Credit card spending in July 2024 increased by 19 per cent Y-o-Y to Rs 1.72 trillion in July. Sequentially, the spending increased by 8.9 per cent from Rs 1.58 trillion in June 2024. HDFC Bank continues to be the leader in the number of cards in force followed by SBI Cards, ICICI Bank, and Axis Bank.