India’s NFS debt is estimated to have grown 12.6% YoY in 3QFY24, not very different from the growth seen in recent quarters. Our estimates suggest that household debt touched a new peak of 39.1% of GDP in 3QFY24, beating the previous peak of 38.6% of GDP in 4QFY21, says Nikhil Gupta, Chief Economist, Motilal Oswal Group in an interaction with CNBC TV18