Credit card spends saw a recovery in Feb'26, rising to 1.78L Cr from 1.68L Cr in Feb'25. Spends declined ~10.9% MoM (vs ~2.7% decline in Jan'26), while YoY growth moderated further to ~6.0% (vs ~8.1%), reflecting continued normalisation in consumption trends. Cardsin-force stood at ~117.6 Mn, up ~7.6% YoY with broadly stable sequential growth. Net new card additions picked up to ~10.2 lakh (vs ~8.4 lakh in Jan'26), led by HDFCB (~11`.5 lakh), AXISB (~1.6 lakh) and SBI (~0.7 lakh). Transaction volumes declined ~8.6% MoM (vs flat trend in Jan'26) but remained strong at ~24% YoY (vs ~25%), indicating some moderation in usage...