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Household Savings Likely To Rise In FY24: Report
Factors like retail credit push by banks and a greater appetite for borrowings have resulted in a rising proclivity for debt among the households, the CRISIL report said.
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Household Debt Doubles In FY23, Savings More Than Halves To 5.15% Of GDP: SBI Research
The net financial savings of households plunged by close to 55 per cent in FY23 to 5.1 per cent of GDP, and their indebtedness more than doubled to Rs 15.6 lakh crore from FY21, primarily led by massive borrowings from banks, shows an analysis of latest official numbers.
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Household Financial Savings Slid In Third Quarter Of 2020-21: RBI Report
RBI Report: The preliminary estimate of household financial savings was placed at 8.2 per cent of GDP in the third quarter of 2020-21.
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Meet The Ma Family: How Millennials Are Changing The Way China Thinks About Money
The frugal attitude of previous generations produced the bedrock of China's credit worthiness - household savings equal to some 50% of GDP, one of the highest levels globally.
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Household Savings Likely To Rise In FY24: Report
Factors like retail credit push by banks and a greater appetite for borrowings have resulted in a rising proclivity for debt among the households, the CRISIL report said.
-
Household Debt Doubles In FY23, Savings More Than Halves To 5.15% Of GDP: SBI Research
The net financial savings of households plunged by close to 55 per cent in FY23 to 5.1 per cent of GDP, and their indebtedness more than doubled to Rs 15.6 lakh crore from FY21, primarily led by massive borrowings from banks, shows an analysis of latest official numbers.
-
Household Financial Savings Slid In Third Quarter Of 2020-21: RBI Report
RBI Report: The preliminary estimate of household financial savings was placed at 8.2 per cent of GDP in the third quarter of 2020-21.
-
Meet The Ma Family: How Millennials Are Changing The Way China Thinks About Money
The frugal attitude of previous generations produced the bedrock of China's credit worthiness - household savings equal to some 50% of GDP, one of the highest levels globally.
