Back to feeds

Akshat kumar Jain

Stealthย โ€ขย 5h

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 loans 10% of the total debt, and consumption loans growing significantly, rising interest rates are adding to the financial strain. This will push the inflation rate more and surely RBI will have to increase the repo rate. Will we see a decline in consumer spending. Will it affect the new age Startups.

0 replies2 likes

More like this

Recommendations from Medial

Image Description

Sanket Jadyar

Stealthย โ€ขย 7m

The Reserve Bank of India (RBI) announced on Friday that it has kept the benchmark repo rate unchanged at 6.5% for the eighth consecutive time. What exactly is repo rate? How does it affect you?

1 replies5 likes

Atharva Deshmukh

Stealthย โ€ขย 6m

About Rates in the market... To strike a balance in market, the RBI has to consider all economic factors and carefully set the key rates. Any imbalance in these rates can lead to economic chaos: 1)Repo Rate:-The rate at which RBI lends money to oth

See More
0 replies5 likes
1

Aman Khan

Stealthย โ€ขย 8m

AI spending in India is expected to increase to $5 billion with CAGR (compound annual growth rate) of 31.5 per cent between 2023 to 2027. By 2027 AI will be everywhere," Sharath Srinivasamurthy, Associate Vice President, IDC said. He said that in 202

See More
0 replies5 likes

Chetan Vairat

Stealthย โ€ขย 7m

Business Wrap: RBI Holds Repo Rate at 6.5% | Stock Market Rebounds | Real Estate Growth Outlook And More! Business Roundup: The RBI has maintained the repo rate at 6.5%, keeping home loan EMIs steady. The stock market bounced back after the June 4 d

See More
0 replies4 likes
Image Description
Image Description

Sairaj Kadam

Stealthย โ€ขย 5m

Understanding Debt Financing: A Crucial Funding Option Hey everyone! Today, letโ€™s dive into debt financing, a vital funding method for startups. Unlike equity funding, where you give up ownership, debt financing involves borrowing money that youโ€™ll

See More
3 replies14 likes
8
Image Description
Image Description

Inactive

Stealthย โ€ขย 6m

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 ? ๐Ÿ”Œ The EMI Trap Explained: โ†’ Attractive low monthly payments โ†’ Long repayment per

See More
6 replies12 likes

Inactive

Stealthย โ€ขย 7m

The RBI is expected to maintain the status quo in its monetary policy, keeping the repo rate unchanged at 6.5% for the eighth consecutive time, focusing on maintaining price stability and sustainable economic growth. Ab hogi Growth ๐Ÿ’น

0 replies6 likes
Anonymous
Image Description

SEBI will increase the trading hours ?

1 replies8 likes

Dinesh Babu

Stealthย โ€ขย 4m

HOW CAN WE INCREASE THE SPENDING POWER OF INDIAN MIDDLE CLASS ? MY OPINION " REMOVE INCOME TAX , SO PEOPLE WILL HAVE EXTRA MONEY TO SPEND. AND GOVERNMENT WILL EARN MORE IN GST AND OTHERS IF PEOPLE SPEND AND INVEST THAT EXTRA MONEY MONEY

0 replies3 likes

Rajan Paswan

Stealthย โ€ขย 6m

Bad News: Rupee falls to record low 83.60/$ Here are negative impacts of falling Rupee: 1) Increased Costs for Imports: Many Indian businesses rely on imported goods and raw materials. A weaker rupee means they will have to pay more for these impor

See More
0 replies11 likes

Download the medial app to read full posts, comements and news.