Household Debt Doubles In FY23, Savings More Than Halves To 5.15% Of GDP: SBI Research
According to SBI Research, a good portion of the drawdown from savings have gone to physical assets Mumbai: 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…
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