Outlook 2026 | India's Household Debt Rises | RBI Financial Stability Report
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Outlook 2026 | India's Household Debt Rises | RBI Financial Stability Report
India's household debt crosses 41% of the annual GDP. RBI report shows sustained increase in debt over the 5-year average. 46% of total loans are used for consumption and the remaining is used for asset creation and productive purposes. Ritu Singh speaks to Dinesh Khara, former SBI Chairman and Madan Sabnavis, chief economist at Bank Of Baroda ...
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