Rise in household debt in FY21 worrisome, says SBI report

The sharp increase in household debts in the pandemic-stricken financial year 2020-21 is a worrying feature indicating rise in debt stress, a report by State Bank of India (SBI) economists said on Monday.

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Jul 6, 2021 - 04:00
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Rise in household debt in FY21 worrisome, says SBI report
The sharp increase in household debts in the pandemic-stricken financial year 2020-21 is a worrying feature indicating rise in debt stress, a report by State Bank of India (SBI) economists said on Monday.