Credit Card Spending Dips While E-Commerce Keeps Soaring

In August, credit card spending took a slight nosedive, dropping 2.8% to ₹2.02 trillion. Why? Online payments decided to take a vacation! Meanwhile, e-commerce is still riding high with a 4.77% boost. HDFC is flexing its financial muscles, while ICICI, Axis, and SBI are feeling the pinch. But hey, we’re still collecting credit cards like they’re rare comic books!