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This Article is From Jul 07, 2021

Economy Watch - India’s Debt Growth Remains Subdued In Q4 FY21: Motilal Oswal

Economy Watch - India’s Debt Growth Remains Subdued In Q4 FY21: Motilal Oswal

Economy Watch - India’s Debt Growth Remains Subdued In Q4 FY21: Motilal Oswal
A vendor holds Indian rupee notes at his vegetable stall at the cotton and vegetable wholesale market in Nagpur. (Photographer: Dhiraj Singh/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

India's non-financial sector debt grew 11.8% YoY in Q4 FY21 (or FY21), marking the highest growth in nine quarters and higher than the record low of 8.0% in Q4 FY20 (or FY20).

Outstanding non-financial sector debt increased to a fresh high of 177.6% of gross domestic product (or Rs 351 trillion) in FY21 vis-a-vis 154.1% of GDP in FY20 (Rs 314 trillion).

Within non-financial sector, general government debt (center + states) grew at an all-time high of 20.1% YoY in Q4 FY21, while non-government non-financial debt grew at a record low of just 4.5% YoY.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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