India, Oct. 28 -- Credit card spends in India soared to an all-time high of Rs.2.17 trillion in September 2025, fuelled by festive season demand and a surge in discretionary consumption following GST rate cuts, according to the latest data.

The figure marks a sharp 14 percent rise from August's Rs.1.91 trillion, underscoring strong consumer sentiment ahead of the festival period.

The previous peaks were recorded at Rs.2.015 trillion in March 2025 and Rs.2.02 trillion in October 2024.

Compared with Rs.1.76 trillion in September last year, credit card spending has grown substantially, reflecting the momentum in retail and e-commerce activity.

Festive demand, GST cuts boost consumption

Industry executives attributed the record numbers t...