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

    New Delhi:India’s credit card debt has shot up to ₹2.92 lakh crore in just four years, and personal loans have jumped by 75%. But Monish Gosar, a Mumbai-based data scientist, says banks didn’t force anyone—people chose to borrow. “Banks didn’t trap us,” he writes....

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

    New Delhi:India’s credit card debt has shot up to ₹2.92 lakh crore in just...

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