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Can India’s Debt-Fueled Spending Survive Higher Rates?
Source: Bloomberg
Consumer Demand & RetailCredit & Bond MarketsInterest Rates & YieldsEconomic Data
India’s household borrowing surged 36% year over year, prompting questions about how much consumer spending is debt-funded and whether the pace is sustainable. Rising interest rates could make that borrowing-driven spending harder to maintain.
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