Household Savings
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India's Household Savings To Generate USD 9.5 Trillion Inflows: Goldman Sachs
India's household savings are expected to generate cumulative inflows of around USD 9.5 trillion into financial assets over the next ten years, according to a report by Goldman Sachs.
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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 Savings Drop Over Rs 9 Lakh Crore In 3 Years Till 2022-23
Net household savings declined sharply by Rs 9 lakh crore to Rs 14.16 lakh crore in three years to 2022-23, according to the latest National Account Statistics 2024 of the Ministry of Statistics and Programme Implementation.
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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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Financial Surplus Of Indian Households Falling Since 2017-18: RBI Report
Among household assets, the share of insurance and pension funds have gradually increased, indicative of the growing risk appetite and portfolio diversification.
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Financial Surplus Of Indian Households Falling Since 2017-18: RBI Report
Among household assets, the share of insurance and pension funds have gradually increased, indicative of the growing risk appetite and portfolio diversification.
-
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 Savings Rose To 22.5% Of GDP Amid COVID-19: Report
According to the latest data from the RBI, household non-financial savings stood at 21.4 per cent of GDP in the June quarter of 2020, and 10.4 per cent in the September quarter, as against 7-8 per cent of GDP in the pre-pandemic period.
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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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India's Net Household Savings Fall To Their Lowest In Nearly Five Decades
Net household savings stood at 5.1% of GDP in the year ended March 31, 2023 as compared with 7.2% in FY22.
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Household Deposit Trends Throw Up Red Flags
The pandemic forced precautionary savings. Still, the pace of growth in household deposits is slower than the historical trend.
-
Household Savings Rose To 22.5% Of GDP Amid COVID-19: Report
According to the latest data from the RBI, household non-financial savings stood at 21.4 per cent of GDP in the June quarter of 2020, and 10.4 per cent in the September quarter, as against 7-8 per cent of GDP in the pre-pandemic period.
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Precautionary Household Financial Savings Waned In Q2: RBI Data
Household financial savings rate fell to 10.4% of GDP in Q2 FY21 from 21% in the preceding three months: RBI bulletin.
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COVID-19 Impact: Major Decline In Household Saving Due To Salary Cuts, Job Loss
68 per cent of consumers said their household savings declined in the last eight months during the COVID-19 pandemic
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Household Financial Savings Improved In FY20, Shows RBI Data
Net financial assets of Indian households saw an uptick in 2019-20, after witnessing a decline in the previous year, the RBI said.
-
India's Household Savings To Generate USD 9.5 Trillion Inflows: Goldman Sachs
India's household savings are expected to generate cumulative inflows of around USD 9.5 trillion into financial assets over the next ten years, according to a report by Goldman Sachs.
-
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 Savings Drop Over Rs 9 Lakh Crore In 3 Years Till 2022-23
Net household savings declined sharply by Rs 9 lakh crore to Rs 14.16 lakh crore in three years to 2022-23, according to the latest National Account Statistics 2024 of the Ministry of Statistics and Programme Implementation.
-
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.
-
Financial Surplus Of Indian Households Falling Since 2017-18: RBI Report
Among household assets, the share of insurance and pension funds have gradually increased, indicative of the growing risk appetite and portfolio diversification.
-
Financial Surplus Of Indian Households Falling Since 2017-18: RBI Report
Among household assets, the share of insurance and pension funds have gradually increased, indicative of the growing risk appetite and portfolio diversification.
-
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 Savings Rose To 22.5% Of GDP Amid COVID-19: Report
According to the latest data from the RBI, household non-financial savings stood at 21.4 per cent of GDP in the June quarter of 2020, and 10.4 per cent in the September quarter, as against 7-8 per cent of GDP in the pre-pandemic period.
-
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.
-
India's Net Household Savings Fall To Their Lowest In Nearly Five Decades
Net household savings stood at 5.1% of GDP in the year ended March 31, 2023 as compared with 7.2% in FY22.
-
Household Deposit Trends Throw Up Red Flags
The pandemic forced precautionary savings. Still, the pace of growth in household deposits is slower than the historical trend.
-
Household Savings Rose To 22.5% Of GDP Amid COVID-19: Report
According to the latest data from the RBI, household non-financial savings stood at 21.4 per cent of GDP in the June quarter of 2020, and 10.4 per cent in the September quarter, as against 7-8 per cent of GDP in the pre-pandemic period.
-
Precautionary Household Financial Savings Waned In Q2: RBI Data
Household financial savings rate fell to 10.4% of GDP in Q2 FY21 from 21% in the preceding three months: RBI bulletin.
-
COVID-19 Impact: Major Decline In Household Saving Due To Salary Cuts, Job Loss
68 per cent of consumers said their household savings declined in the last eight months during the COVID-19 pandemic
-
Household Financial Savings Improved In FY20, Shows RBI Data
Net financial assets of Indian households saw an uptick in 2019-20, after witnessing a decline in the previous year, the RBI said.
