Indian Borrowers Splurge: Only 28% of Loans Go to Homes, Rest Fuel Consumption Wave—RBI

Unknown Apr 02, 2026 300 Views

A new Reserve Bank of India (RBI) report reveals that only 28% of household loans in India are used for home purchases, while a striking 55% are non-housing loans taken mainly for consumption purposes. The latest Financial Stability Report highlights a shift in borrowing patterns, with asset-buil...