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The Navhind Times

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Healthy banks, fragile households

The Reserve Bank of Indias latest Financial Stability Report is reassuring about the health of banks and non-banking finance companies. It is less reassuring about the financial health of their retail customers. Indias household debt reached 45.5 per cent of the GDP by September 2025, close to its earlier peak, and subsequently a new high []

21 Jul 2026 12:58 am