Household Debt News - Latest Updates & Headlines
S. Korea warns of household debt growth, calls for additional regulations
Seoul, March 13: Recent deregulatory moves in the property market and easing of banks' lending rules could stoke household debts, making it necessary for authorities to consider additional measures to ensure financial stability, the central bank said on Thursday.
Higher indebtedness and wealth effect have increased inequality: Report
New Delhi, January 10: Household (HH) debts have gone up due to increased financial inclusion amid increased wealth because of increased investments in real estate and equities according to a recent report 'India Strategy' by DAM Capital."due to increasing financial penetration.