Archive · 24 Jul 2025
Credit Card Spending Declines in June, RBI Data Shows
In June, people spent a bit less using credit cards than they did in May.
The total amount spent at stores and online decreased.
The number of credit cards in use stayed about the same.
A study found that many people, whether they get a regular paycheck or work for themselves, use credit cards.
The RBI collects and provides the information on card use.
Credit card spending decreased in June compared to May, according to RBI data.
POS transactions via credit cards totaled ₹67K crore in June, down from ₹69.6K crore in May.
Online credit card transactions also fell, from ₹120K crore in May to ₹115K crore in June.
The number of outstanding credit cards remained nearly flat in June.
A study showed high reliance on credit cards among both salaried and self-employed individuals.
- Who
- The Reserve Bank of India (RBI) and credit card users.
- What
- Credit card spending and the number of outstanding credit cards were analyzed.
- When
- Data from June was compared to May.
- Where
- India
- Why
- To understand trends in credit card usage and spending.
Credit Card Users
N/A
Credit Card Reliance
Credit Card Users
High credit card use suggests reliance, especially among those with lower incomes.
N/A
N/A
- POS Spending (June)
- ₹67K crore
- POS Spending (May)
- ₹69.6K crore
- Online Spending (June)
- ₹115K crore
- Online Spending (May)
- ₹120K crore
- Outstanding Cards (June)
- 11,11,97,361
- Outstanding Cards (May)
- 11,11,97,596
- Salaried with credit cards
- 93% of those earning under ₹50,000 per month
- Self-employed with credit cards
- 85%