Stay updated with the latest household-debt news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on household-debt topics.
MUMBAI: A close to 29% jump in equity investments has pushed up the average wealth of households, measured in terms of gross financial assets, by 14.5% in 2024, which though on an annualized basis is up only 20 bps from 14.3% in the previous year, even as the household debt ratio climbed to 41, up 8 percentage points over the last decade, and does wealth inequalities, according to a report. It can be noted that over the past two decades, the real per capita financial assets of households have s ...Read More >
NEW DELHI: Recent reductions in income tax burdens, benign inflation, lower interest rates and a favourable outlook for agricultural production are expected to support rural incomes and bolster overall consumption in India, according to a new report. Given that private final consumption expenditure constitutes nearly 60 per cent of India's GDP, it has a strong bearing on India's overall growth outlook. A sustained recovery in consumption is also vital for a meaningful pick-up in private sector ...Read More >
New Delhi: A recent report says that lower income taxes, easing inflation, falling interest rates, and a good outlook for farm output are likely to boost rural incomes in India. This could lead to higher spending across the country. Since household consumption makes up nearly 60 per cent of India's GDP, any rise in rural demand can have a big impact on the nation's overall economic growth. A steady rise in consumption is crucial for a strong rebound in private sector investment. "We expect priv ...Read More >
New Delhi [India], July 1 (ANI): The per capita debt of individual borrowers in India has witnessed a sharp increase over the past two years, rising from Rs 3.9 lakh in March 2023 to Rs 4.8 lakh in March 2025, according to the financial stability report released by the Reserve Bank of India (RBI). The report highlighted that this rise in debt levels has been primarily driven by higher-rated borrowers. RBI stated, 'At an aggregate level, the per capita debt of individual borrowers has grown fro ...Read More >
New Delhi [India], July 1 (ANI): The per capita debt of individual borrowers in India has witnessed a sharp increase over the past two years, rising from Rs 3.9 lakh in March 2023 to Rs 4.8 lakh in March 2025, according to the financial stability report released by the Reserve Bank of India (RBI). The report highlighted that this rise in debt levels has been primarily driven by higher-rated borrowers. Also Read | Fact Check: Is Tesla Cybertruck Being Used for Ploughing Field in India? As AI-Ge ...Read More >
New Delhi [India], December 3 (ANI): India's real estate sector is entering a "sweet spot," supported by a unique combination of favourable factors expected to drive growth over the next three to five years, according to a UBS report. The report highlights multiple tailwinds for the residential sector, including record-low inventory levels, strong affordability, supportive regulations, and increased consolidation among developers. Additionally, factors such as urbanization, rising incomes, and ...Read More >
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