Latest Card Issuance News & Updates

New Delhi, April 6 (IANS) Credit card spending in India grew 6 per cent year‑on‑year (YoY) in February 2026, a report said on Monday.However, on month-on-month basis, it eased to Rs 1,772 billion — a moderation of 11 per cent. The spending data indicated a slowdown in consumption momentum, largely driven by the top 4 banks, the report from Asit C. Mehta Investment Intermediates Limited said.Card issuance remained robust at 1.05 million new cards up 7.7 per cent YoY, hitting a 23-month high,…