New Delhi, Nov. 4 -- Credit card spends in the country touched an all-time high of Rs 2,167 billion in September, supported by strong growth in online transactions, according to a report by ACMIIL, a stock market company.

The report highlighted that total credit card spends registered a growth of 13.4 per cent month-on-month (MoM) and 23 per cent year-on-year (YoY), adding approximately Rs 255 billion to total spends.

It stated "Credit card spends touched an all-time high of Rs2,167bn, adding approximately Rs255bn to total spends. This growth was primarily driven by online spends."

The rise was primarily driven by online spends, which surged 21.7 per cent MoM and 25.1 per cent YoY, while point-of-sale (POS) spends remained largely unch...