Indians Are Saving More. But Their Debt Is Growing Faster
4 Articles
4 Articles
Indians are saving more. But their debt is growing faster
RBI data shows Indian households are still building financial savings, but borrowing has risen faster over the past four years. The shift leaves families more exposed as a larger share of assets tracks markets and more debt sits with costlier non-bank lenders.
Indian Families Saving Vs Debt: Reserve Bank data shows that against every 100 rupees financial savings of Indian families, they have now incurred a debt of 32 rupees, which was 27 rupees four years ago in June 2022.
Indian Families Hold More Financial Assets, But Debt Is Rising Faster
Indian households are holding more financial assets than they did four years ago, but their borrowings have grown much faster, according to the Reserve Bank of India’s latest household balance sheet. For every Rs 100 held in financial savings, households now owe Rs 32, compared with Rs 27 four years ago. The RBI’s August 2026 […]
Debt is growing faster for Indians, RBI data shows
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