'Not worrisome' : SBI says credit quality strong and inflation impact limited; household borrowing rises
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
An SBI report indicates that while India's household debt has increased, it remains manageable due to strong credit quality and a diverse loan portfolio. Productive and asset-creating loans constitute a significant portion of household borrowing. Furthermore, the ongoing monetary easing by the RBI, including repo rate cuts, is expected to provide substantial relief to households by reducing interest costs. What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
