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Covid-19: At Rs 43.5 trn by March, Indian households' debt at record high
Indian households had debts worth nearly Rs 43.5 trillion at the end of March this year, up from Rs 6.6 trillion at the end of March 2008 and Rs 19.3 trillion five years ago at the end of FY15
Home, personal loans drive household debt to 4% of GNDI, highest in 7 yrs
Growth in credit card outstanding has been the fastest compared to other personal loan segments
Household indebtedness at record high in FY17
Indians owed around Rs 25 lakh cr to banks and listed NBFCs at the end of FY17, up 65% in past 3 yrs