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Rajendra Saxena · DistrictNews · 2026-10-01

Borrowing beats savings: Indian household debt grew 1.5x faster than assets in

Household liabilities climbed 14.3% during the year, while gross financial assets increased 9%. The gap indicates that although households continued to accumulate savings and investments, a growing share of the additional wealth was offset by higher borrowing. Insurance and pension assets registered the strongest increase, rising 11.4%, followed by deposits, which grew 9.8%. Securities recorded slower growth of 6.1%.

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