31
Aug
#RBI #CreditCard #DigitalPayments #UPI #IndianEconomy #CreditCardSpending #CashlessIndia #Fintech #Banking #DigitalIndia #ConsumerSpending #CyberSecurity Mumbai: Credit card usage in India has touched an unprecedented high, marking a significant milestone in the country’s digital payment journey. According to the latest Reserve Bank of India (RBI) data, credit card spending surged to an all-time record of ₹1.93 lakh crore in July 2025, registering steady growth both on a month-on-month and year-on-year basis. This milestone underlines the strong momentum in digital adoption, increasing consumer reliance on plastic money, and the wider integration of credit cards in day-to-day transactions across urban as well as semi-urban markets.…