In a recent podcast, Marcellus Investment Managers’ Saurabh Mukherjea highlighted that millions of middle-class Indians are drowning in debt, with soaring personal loans and credit card debt. Data from the RBI’s Financial Stability Review reveals that 45% of borrowers are subprime, with 48% of their debt used for consumption. Mukherjea estimates that 5-10% of middle-class Indians are in a debt trap, urging those struggling to seek financial counseling to prevent the issue from worsening.
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Massive! Sachin Tendulkar reveals life-changing moment: 'I was just 10 when …'
On June 25, 1983, India achieved a historic victory against the West Indies to win their first ICC World Cup, a moment that inspired 10-year-old Sachin Tendulkar to pursue his cricketing dreams. Reflecting on this milestone, Tendulkar shared that the triumph ignited his passion, leading to a legendary 24-year career and a World Cup win in 2011. Explain It To Me Like I'm 5: Sachin Tendulkar shared a heartfelt post on X, reflecting on how...
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