Credit Card Spending Dips but HDFC Shines in August

In August, credit card spending slipped by 2.8% to ₹2.02 trillion, thanks to online payments taking a break. But e-commerce still managed to groove up by 4.77%. HDFC Bank was the star with a spending boost, while ICICI, Axis, and SBI saw their numbers dip. The card game is still strong, with HDFC leading in new sign-ups!