Credit Card Spending Takes a Dive, HDFC Flexes Its Muscles

Listen up, credit card warriors! In August, spending took a 2.8% plunge to a staggering ₹2.02 trillion, thanks to a dip in online payments. E-commerce flexed with a 4.77% rise, while HDFC Bank strutted its stuff with a 1.83% increase. But ICICI, Axis, and SBI Card? They're feeling the heat! Yet, the number of cards is still climbing like a champ!