Debt Archives | Global News Post

Banks Didn’t Trap Us—We Did It to Ourselves: The Untold Story of India’s Debt Explosion

9 hours ago Business 0 1

New Delhi:India’s bank card debt has shot as much as ₹2.92 lakh crore in simply 4 years, and private loans have jumped by way of 75%. But Monish Gosar, a Mumbai-based information scientist, says banks didn’t power any person—folks selected to borrow. “Banks didn’t trap us,” he writes. “They offered …