The perils of the 'push' loan phenomenon, rural India's rising debt burden

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Some non-banking financial companies (NBFCs) are complicating the scene further by trying to fish in troubled waters.

Yet, many feel that the state of India’s rural economy, particularly rural indebtedness, is a matter of concern.

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Category: BusinessFinance

Markets: India

Topics: Debt crisis Household debt BS Opinion Bank loans Loan Domestic debt Bankers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-10 @ 16:39:28 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 97 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23490044

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