🇮🇳 India Miscellaneous🌐 Global
Indians Are Spending More on Credit Cards — But Saving Less. Should You Worry?
NDTV News Search Records Found 1000·Thursday, 11 June 2026
Credit card spending in India rose 7% year-on-year to Rs 1.97 lakh crore in April 2026. At the same time, household savings are shrinking. The article raises the question of whether this trend could spell trouble ahead.
Why It Matters
If people are spending more on credit while saving less, it could mean more households are taking on debt they may struggle to repay — which affects financial stability at home.
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