India remains the least leveraged of the large economies in the world.Our private debt as a % of GDP remains at a mere 54% as compared to China 306%, Japan 156% & USA 150%Availability of credit to private sector & MSMEs at low rates is key to India’s rapid growth @CREDAINational https://t.co/CkB2QFL3gA
India remains the least leveraged of the large economies in the world.Our private debt as a % of GDP remains at a mere 54% as compared to China 306%, Japan 156% & USA 150%Availability of credit to private sector & MSMEs at low rates is key to India’s rapid growth @CREDAINational https://t.co/CkB2QFL3gA
Dec 11, 2019