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Household debt at 41.3%, retail loans key driver
Financial Express Kochi
|January 01, 2026
HOUSEHOLD DEBT STOOD at 41.3% of GDP at the end of March 2025, marking a sustained increase compared to its fiveyear average of 38.3%, data from RBI's Financial Stability Report show.
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However, relative to most of the peer emerging markets, India's household debt is still lower.For instance, it is 88% in Thailand and 69.6% in China. Howeve
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