-
The coat and the cloth
Credit-driven expenditure grew during the pandemic but moving to an over-leveraged position can be against the interest of individual and collective
-
Farm loan waiver, Kisan credit card to formalise Indian economy: SBI report
During the same period the household debt in rural areas increased by 84% and in urban areas by 42%, the SBI data showed
-
Household debt increased by 1.5 times between 2012-2018: SBI Report
The state-wise trend indicates that the rural households’ average debt more than doubled in 18 states for the 6 year period ended 2018
-
MFs pip direct equities in Q3FY21; household debt spikes
Two visible trends in Q3FY21 are swelling household debt and an increasing appetite for mutual fund investments, as per the RBI preliminary estimates
-
Household debt soars to 37.1% of GDP, savings plunge 10.4% in Q2: RBI report
The household savings plunged as the pandemic has led to tens of millions losing jobs and almost all forced to take deep pay-cuts, forcing them to bor
