India's Household Debt Hits 45.5% of GDP: A Spending Spree

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India's Household Debt Hits 45.5% of GDP: A Spending Spree

Hold onto your wallets! India's household debt has skyrocketed to a staggering 45.5% of GDP as of September 2025, all thanks to a shopping spree on non-housing loans. While more borrowers are getting top ratings, experts are raising alarms about this debt party. Are we splurging too much on fun instead of saving for a rainy day?

india's household debt hits 45.5% of gdp amid spending spree