Household savings fall to a 50-year-low at a time when borrowing and spending are touching new records. The new mantra of lenders is to bank on Gen-Zers taking the lead on loans and spending. But with the demand, comes debt and default. Unsecured lending is booming at a record pace, with the market expected to top Rs 4.5 lakh crore by this financial year. Meanwhile, credit card default tops Rs 4000 crore and retail debt stress rises. Host Anupriya Nair explores whether India's demographic dividend is turning into a demographic debt disaster with 
Ritesh Srivastava, Founder of retail debt resolution platform FREED, 
A M Karthik, VP & Head of Finance Sector Rating, ICRA 

You can follow our host Anupriya Nair on her social media: Twitter & Linkedin

If you like this episode from Anupriya Nair, you can check out more episodes of The Morning Brief Cheeni Kum: The Bitter Truth of Aspartame, Battle of the bikes: Harley Davidson vs. Royal Enfield, Tomato Tangle: Deciphering India’s Tomatoflation and more. 

Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts. 

Credits: Pine Labs, Amazon India, MobiKwik, ICICIdirect 

Household savings fall to a 50-year-low at a time when borrowing and spending are touching new records. The new mantra of lenders is to bank on Gen-Zers taking the lead on loans and spending. But with the demand, comes debt and default. Unsecured lending is booming at a record pace, with the market expected to top Rs 4.5 lakh crore by this financial year. Meanwhile, credit card default tops Rs 4000 crore and retail debt stress rises. Host <a href="https://m.economictimes.com/etreporter/author-anupriya-nair-479260660.cms">Anupriya Nair</a> explores whether India's demographic dividend is turning into a demographic debt disaster with 
<ul>
<li aria-level="1"><a href="https://www.linkedin.com/in/ritsriv/">Ritesh Srivastava</a>, Founder of retail debt resolution platform FREED, </li>
<li aria-level="1"><a href="https://in.linkedin.com/in/a-m-karthik-59110b15">A M Karthik</a>, VP &amp; Head of Finance Sector Rating, ICRA </li>
</ul>
You can follow our host Anupriya Nair on her social media: <a href="https://twitter.com/anupria">Twitter</a> &amp;<a href="https://www.linkedin.com/in/anupriya-nair-297b4a7/"> Linkedin</a>
If you like this episode from Anupriya Nair, you can check out more episodes of The Morning Brief <a href="https://podcasts.google.com/feed/aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNjBiMmU5MjYtZTVmOC00YjkwLWE0NjUtYWVmOTAxMTYzMDAxLzk1ZmQ3YzU5LTc5MGQtNDk2ZS1iYmRlLWFlZjkwMTE2N2ZlNC84YWU1NDc2My05OTI1LTQwY2EtOGMzZC1hZWY5MDExNjdmZmIvcG9kY2FzdC5yc3M/episode/YjExY2NkZjktOWJiYS00YjUyLTgxZjMtYjA0MjAxMGZjMjI5?sa=X&amp;ved=0CAUQkfYCahcKEwiAz_b5m5uAAxUAAAAAHQAAAAAQCg">Cheeni Kum: The Bitter Truth of Aspartame</a>, <a href="https://podcasts.google.com/feed/aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNjBiMmU5MjYtZTVmOC00YjkwLWE0NjUtYWVmOTAxMTYzMDAxLzk1ZmQ3YzU5LTc5MGQtNDk2ZS1iYmRlLWFlZjkwMTE2N2ZlNC84YWU1NDc2My05OTI1LTQwY2EtOGMzZC1hZWY5MDExNjdmZmIvcG9kY2FzdC5yc3M/episode/OTZjZjFiZWMtNWFjZi00ZGU3LTllN2EtYjAzZTAxMWFmMTBk?sa=X&amp;ved=0CAUQkfYCahcKEwiw3aO-m5uAAxUAAAAAHQAAAAAQLA">Battle of the bikes: Harley Davidson vs. Royal Enfield</a>, <a href="https://podcasts.google.com/feed/aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNjBiMmU5MjYtZTVmOC00YjkwLWE0NjUtYWVmOTAxMTYzMDAxLzk1ZmQ3YzU5LTc5MGQtNDk2ZS1iYmRlLWFlZjkwMTE2N2ZlNC84YWU1NDc2My05OTI1LTQwY2EtOGMzZC1hZWY5MDExNjdmZmIvcG9kY2FzdC5yc3M/episode/YTM3NWFlY2ItMmY5OC00NGM1LTllMGYtYjAzZDAwZmRlZjJk?sa=X&amp;ved=0CAUQkfYCahcKEwiAz_b5m5uAAxUAAAAAHQAAAAAQCg">Tomato Tangle: Deciphering India’s Tomatoflation</a> and <a href="https://podcasts.google.com/feed/aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNjBiMmU5MjYtZTVmOC00YjkwLWE0NjUtYWVmOTAxMTYzMDAxLzk1ZmQ3YzU5LTc5MGQtNDk2ZS1iYmRlLWFlZjkwMTE2N2ZlNC84YWU1NDc2My05OTI1LTQwY2EtOGMzZC1hZWY5MDExNjdmZmIvcG9kY2FzdC5yc3M?sa=X&amp;ved=2ahUKEwjHzt69m5uAAxU-06ACHfRTA38Q9sEGegQIARAC">more</a>. 
Catch the latest episode of ‘The Morning Brief’ on<a href="https://www.etplay.com/etplay"> ET Play</a>,<a href="https://economictimes.indiatimes.com/podcast?from=mdr"> The Economic Times Online</a>,<a href="https://open.spotify.com/show/6PL5kfPbwURBEu6fHCVTOL?si=26ec0fbfa7134fea"> Spotify</a>,<a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777"> Apple Podcasts</a>,<a href="https://www.jiosaavn.com/shows/the-morning-brief/1/GNPiFQD2xpY_"> JioSaavn</a>,<a href="https://music.amazon.in/podcasts/f378141f-9afb-495d-83da-9b08ec5047ac/the-morning-brief"> Amazon Music</a> and<a href="https://podcasts.google.com/feed/aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNjBiMmU5MjYtZTVmOC00YjkwLWE0NjUtYWVmOTAxMTYzMDAxLzk1ZmQ3YzU5LTc5MGQtNDk2ZS1iYmRlLWFlZjkwMTE2N2ZlNC84YWU1NDc2My05OTI1LTQwY2EtOGMzZC1hZWY5MDExNjdmZmIvcG9kY2FzdC5yc3M?sa=X&amp;ved=2ahUKEwi2gOG4la36AhUvjtgFHcdWDU8Q9sEGegQIARAC"> Google Podcasts</a>. 
Credits: <a href="https://www.youtube.com/watch?v=6mw4Rt8QnpM">Pine Labs</a>, <a href="https://www.youtube.com/watch?v=nsagnib0bK0">Amazon India</a>, <a href="https://www.youtube.com/watch?v=wna0i7Wb-rE">MobiKwik</a>, <a href="https://www.youtube.com/watch?v=5eL1uAI9kLM">ICICIdirect </a>

To make sense of the week’s hottest stories in business, economy, politics and markets, journalists from the Economic Times chat with reporters and industry leaders in this thrice-weekly (Tuesday, Thursday, Friday) podcast.