India’s Middle Class Spending Boom Comes With Growing Debt Bill

India’s Middle Class Spending Boom Comes With Growing Debt Bill

When 25-year-old restaurant worker Navjot Singh wanted an iPhone he couldn’t afford on his monthly salary of 50,000 Indian rupees ($521), taking out a small loan made the purchase possible. A PlayStation and television set followed, along with loans...

When 25-year-old restaurant worker Navjot Singh wanted an iPhone he couldn’t afford on his monthly salary of 50,000 Indian rupees ($521), taking out a small loan made the purchase possible. A PlayStation and television set followed, along with loans for a wine and spirits course and a trip home.
Lire l’article complet sur le site source
Bloomberg — Markets (EN)




Besoin d'un service ? Discutez maintenant !
🤖

Assistant eFastWork

En ligne

📩 Envoyer un message à notre équipe


ou envoyez un message vocal
👋

Bienvenue !

Entrez votre email pour commencer à chatter.

Email utilisé uniquement pour vous répondre.