Indian consumers have a bumper Diwali! Survey shows 42% spent over Rs 50,000 on credit cards – check details

Diwali spending surged as over 42% of surveyed Indian credit card users spent more than Rs 50,000. Home appliances, mobiles, and apparel topped purchases, with 91% leveraging credit card promotions like cashback and EMIs. Consumers embraced a dual online-offline shopping approach, highlighting a trend towards savvy, benefit-driven purchasing.