An estimated 2 Mn households struggled to repay their debt to State Bank of India

Written by
Reviewed by
2020-08-03 - Impact Analyst Luca L.

Although access to credit boosts economic growth in the short term, the associated value of such credits fades in the medium time, leading to lifelong debt traps1. In India, a report showed that almost "half of the country's working population of ...

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#debt #exessive spending #Credit Cards #Banks

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Written by
Reviewed by
2020-08-03 - Impact Analyst Luca L.

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