Earning Indians allocating over 33 pc of income towards paying loan EMIs: Report

Bengaluru, Feb 19 (IANS) As private consumption surges in India, earning individuals across all city tiers are allocating more than 33 per cent of their income (on average) towards paying loan EMIs, a report showed on Wednesday. People spend the highest amount of money on their obligatory expenditures, which accounts for 39 per cent of…

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