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Tag: india household debt level

Households’ debt surged to fresh high by December 2023: report

Posted on April 8, 2024 By admin
Households’ debt surged to fresh high by December 2023: report

The report ascribed the dismal 2022-23 net financial savings numbers to weak income growth, coupled with robust consumption and growth in physical savings. Image for representation. | Photo Credit: Getty Images In what may be construed as a sign of rising financial distress, India’s household debt levels are reckoned to have touched an all-time high…

Read More “Households’ debt surged to fresh high by December 2023: report” »

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