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Mohit Satyanand's avatar

Thanks, Sunil - we are becoming more and more welfarist.

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Mohit Satyanand's avatar

Specifically on household borrowing;

In the regular RBI reporting, home loans are a different line item from personal loans and credit card loans.

The borrowing on these two counts has mushroomed, and that is alarming.

Of course NPAs will be the definitive proof that the higher household debt has become a problem, but by then ot could be too late - worth keeping an eye out earlier in the game.

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