Macro Finance
Can India’s Debt-Fueled Spending Survive Higher Rates?
Bloomberg Markets·November 4, 2026·1 min read
India's household borrowing surged 36% in a year, raising questions about how much consumer spending is powered by debt and whether that growth can last as interest rates rise. The debt-fueled spending may face headwinds if rates continue to climb, potentially slowing economic growth.
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