India's Household Debt Rises To More Than 41% Of GDP | Business 360
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India's Household Debt Rises To More Than 41% Of GDP | Business 360
India’s household debt climbed to 41.3 percent of GDP as of end-March 2025, marking a sustained increase over its five-year average of 38.3 percent. While the rise reflects stronger borrowing by households, the overall level of debt remains lower than that of most peer emerging market economies, Reserve Bank of India’s (RBI) Financial ...
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