India's Household Debt-to-GDP Dips to 41.9% by Dec 2024, But Consumption Loans & Lower-Rated Borrowers Warrant RBI Monitoring. (Image Source: Pexels)
Household debt marginally down

India’s household debt-to-GDP ratio decreased to 41.9% by December 2024 from 42.9% in June 2024, though it remains higher than…

RBI Drains Rs 84,975 Crore Via VRRR Auction to Anchor Rates Amidst High System Liquidity. (Image Source: PTI)
RBI drains Rs 84,975 crore via VRRR

The Reserve Bank of India (RBI) conducted a seven-day Variable Rate Reverse Repo (VRRR) auction, absorbing Rs 84,975 crore from…

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