Rising global debt is a concern, significant spillover risks for Emerging Market Economies: RBI Governor

New Delhi [India], September 13 (ANI): The Reserve Bank of India Governor Shaktikanta Das cautioned the world on the rising global debt, which has surged to a staggering USD 315 trillion, equivalent to 333 per cent of global GDP in 2024.

During a speech at the 'Future of Finance Forum 2024' on Friday in Singapore, the governor highlighted that this unprecedented level of debt poses significant risks, particularly for emer