Skip to content
Subscriber Only
Markets
Economics

Worst Unemployment in Decades Strains Indian Consumer Loans

  • Slowing economy, high unemployment is stretching family purses
  • Higher defaults depend on economy’s progress: Fitch Ratings
Rickshaw Revolution Sees India Leave China In The Dust
Photographer: Prashanth Vishwanathan/Bloomberg
Updated on

Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here

Credit analysts are keeping a watchful eye on signs of stress in Indian household debt after unemployment rose to a 45-year high and as lenders grapple with the worst soured debt levels of any major economy.