02-January-2026
Economy News
 
India's household debt seen above 5-yr average, but lower than China's
01-Jan-2026

India's household debt rose to 41.3% of gross domestic product at the end of March 2025, extending a steady increase above its five-year average, as borrowing for consumption continued to expand faster than other forms of credit, the Reserve Bank of India (RBI) said in the latest Financial Stability Report (FSR). The ratio, up from a five-year average of 38.3%, remains lower than China's 60% and Malaysia's 69%.

News Source:- https://economictimes.indiatimes.com/news/economy/finance/indias-household-debt-seen-above-5-yr-average-but-lower-than-chinas/articleshow/126281475.cms
 
 
 

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