October 30, 2025
September 2025 brought double happiness to the credit card world in India! Not only did people swipe their cards like never before, but the number of new credit cards issued also shot up to record levels. The secret spice? Festivals lighting up the mood and tax cuts putting more money in pockets. Total monthly credit card spends crossed a whopping ₹2.16 lakh crore, marking a huge jump compared to the same time last year. Shoppers went wild, especially online, as e-commerce sales zoomed through the roof. This means more parties for online stores and bigger smiles for buyers! Experts say this shopping boom is no flash in the pan. With festivals and heavy discounts already filling October, the credit card party is just getting started. Who doesn’t love a good deal during festival season, right? So, while wallets feel lighter, the credit card business is heavier with joy. Stay tuned as this exciting trend promises to keep the buying spree sizzling well into the festive months!
Tags: Credit cards, Spending record, New card issues, Festive season, Domestic consumption, E-commerce,
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