Kotak Equities lists key trends in credit card spends

Credit card spends rose by 10.8% YoY to Rs 1.84 trillion in Jan 2025, per RBI data. Trends summarized by Kotak Institutional Equities show slower growth, slowdown in metros, and decline in large limit cards. Online transactions dominate, with a bigger impact on debit cards. Tighter credit filters result in lower costs. Slowdown observed in […]