AprameyaAI • 12m
India's Youth in a Debt Spiral Soon ? Easy Monthly Installments (EMI): The siren song of modern consumerism. But is it luring India's youth into a financial JHATKA ? 🔌 The EMI Trap Explained: → Attractive low monthly payments → Long repayment periods → Hidden fees and high interest rates Why It's Booming: 1. Digital Revolution • One-click loans • Buy Now, Pay Later schemes 2. Aspirational Spending • Social media pressure • FOMO-driven purchases 3. Easy Credit Access • Fintech apps lowering barriers • Minimal credit checks 4. Financial Illiteracy • Lack of long-term planning skills • Misunderstanding of compound interest The Youth Factor: • 65% of India's population under 35 • First-time credit users • Impulse-driven spending habits Alarming Trends: → 40% rise in personal loans (2022) → 30% increase in defaults among 21-35 age group (2023) → Growing debt-to-income ratios (2024) The Real Cost: • Stress and mental health issues • Credit score dam.....
Front end developmen... • 5m
Indian household debt has skyrocketed, reaching Rs 120 trillion in March 2024, a 56% increase since June 2021. This has pushed the debt-to-GDP ratio to 42.9%, raising concerns about consumer spending. With housing loans comprising 30% and vehicle
See MoreHey I am on Medial • 1y
Do you use a RuPay credit card with UPI? How often does your credit card bill exceed your expectations? Are you spending more because of your credit card? I just want to understand whether this could become another potential debt trap for Indians
See MoreFounder at Stockware • 8m
Navi Finserv Ordered to Cease Loan Disbursement by RBI 🚨 In a recent development, Navi Finserv, the NBFC arm of Sachin Bansal’s Navi Technologies, has been ordered by the Reserve Bank of India to cease and desist from sanctioning and disbursing loa
See MoreHey I am on Medial • 1y
why indian Startups are opting for Debt financing? 1. Preserving equity: Debt financing allows startups to raise capital without diluting their equity and ownership. This is important for founders who want to maintain control of their company. 2
See MoreDirector & CEO @ Exc... • 1m
The global startup credit market is rapidly evolving beyond traditional VC. In Q4 2024, VC funding hit $120B (4,000 deals), with AI leading. Venture debt surged 46% to $83.4B, now 20–30% of total VC in US/Europe, offering non-dilutive capital for CAP
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