Can India’s Debt-Fueled Spending Survive Higher Rates?
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India’s household borrowing surged 36% in a year, raising questions about how much consumer spending is being powered by debt and whether that growth can last as interest rates rise. Ruchi Bhatia explains. (Source: Bloomberg)
India’s household borrowing surged 36% in a year, raising questions about how much consumer spending is being powered by debt and whether that growth can last as interest rates rise. Ruchi Bhatia explains. (Source: Bloomberg)
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