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India's household debt rises to 41.3% of GDP, above 5-yr avg

India's household debt climbed to 41.3 per cent of gross domestic product (GDP) at the end of March 2025, marking a sustained rise from its five-year average of 38.3 per cent, with consumption-related loans accounting for bulk of the borrowings, the Reserve Bank of India (RBI) said in its Financial Stability Report.

Uploaded by: Rediff Video Desk on Thu, 01 Jan 2026 22:10:59 +0530

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