Credit Card Spending Hits ₹2 Trillion for June Again!

In June, credit card spending hit a jaw-dropping ₹2 trillion again, led by HDFC Bank and SBI Card! While some big banks stumbled, overall spending jumped by 9.8% year-on-year. HDFC Bank charged ahead with a 16.2% boost, and SBI Card skyrocketed with a 34.4% increase. Public banks are thriving on UPI-linked credit, keeping the spending party going strong!

Quick rundown

1.Credit card spending in India hit ₹2 trillion in June.

2.HDFC Bank leads with a 16.2% increase in spending.

3.SBI Card saw a significant 34.4% Y-o-Y jump.

4.Public-sector banks benefit from UPI-linked credit growth.

5.Private banks cautious due to unsecured lending concerns.

SBI Card Crushes May with 181k New Cards in the Ring
SBI Card Crushes May with 181k New Cards in the Ring
Hold onto your wallets, folks! In May, SBI Card dropped a jaw-dropping 181,851 new credit cards, flexing its way to nearly 22.42 million total cards! The whole industry cranked out almost one million cards, bringing the grand total to 120.45 million! Credit card spending strutted its stuff at Rs 2.02 trillion. The card game is heating up, and it’s just getting started!
02:55 pm on Friday, 26 June, 2026
Banks Crank Up NBFCs by 34% in May – Lending Fiesta Time!
Banks Crank Up NBFCs by 34% in May – Lending Fiesta Time!
Hey, you guys! Banks are totally on fire, boosting non-banking financial companies by 34% to a jaw-dropping Rs 20.9 trillion! And guess what? Trade credit is strutting its stuff with a 17.3% jump! It's a lending fiesta, with services sector lending soaring by 20.4%! Retail loans are getting all snuggly too, especially housing, up 10.9%! Can you believe it? Lending party time, baby!
04:20 pm on Tuesday, 30 June, 2026
NBFCs Celebrate 14.2% Credit Growth in May, Wowza!
NBFCs Celebrate 14.2% Credit Growth in May, Wowza!
Hey there! So, guess what? Non-banking financial companies, or NBFCs, are totally on fire with a 14.2% credit growth in May! Retail lending is the superstar, strutting its stuff with a 19.5% boost! And loans against gold jewelry? They're shining bright with a 70% increase! It's like a lending fiesta, and everyone's having a blast!
01:40 pm on Tuesday, 7 July, 2026
Gen Z Dominates India's Credit Card Market Like Pros
Gen Z Dominates India's Credit Card Market Like Pros
Listen up, everybody! Half of India's credit card rookies? You guessed it! They're Gen Z, and they're storming in from every corner—semi-urban, rural, you name it! It's a credit card revolution! Young folks are swiping like champs, racking up balances like never before. Unbelievable growth! The credit game is changing, folks! Tremendous!
03:10 pm on Wednesday, 8 July, 2026

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