New Delhi [ India ], November 9 (ANI): Credit card spending in India rose sharply by 23 per cent year-on-year (YoY) to Rs 2.17 lakh crore in September, driven by festive season offers, GST rate cuts, and a rise in card issuances that boosted discretionary consumption, according to a report by CareEdge.

On a month-on-month (MoM) basis, spending grew 13 per cent, underscoring robust consumer sentiment, though the expansion was slightly lower than the 24 per cent growth recorded a year earlier.

The total number of outstanding credit cards increased to 11.3 crore in September 2025, up 7.0 per cent YoY and 1.0 per cent MoM, from 10.6 crore in the same period last year.

The rise reflects continued adoption and usage, primarily driven by private sector banks (PVBs) through strategic acqu

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