Household debt warrants close monitoring: RBI
With overall household savings declining to 18.4% of GDP in 2022-23 from an average of 20% of GDP over 2013-2022, household debt warrants close monitoring, says RBI
savings
June 2024
September 2023
July 2023
November 2019
July 2018
July 2017
There is no distress: Finance Ministry on drop in household savings
Households added net financial assets of ₹22.8 lakh crore in 2020-21, nearly ₹17 lakh crore in FY22 and ₹13.8 lakh crore in FY23.
India's women are saving more
RBI report shows women account for 39% (₹37 lakh crore) of overall individual deposits
‘AI forms a critical part of our tech-enabled approach’
ICICI Lombard managing director and CEO Bhargav Dasgupta on how his company is leveraging tech to offer a better customer experience, and taking on digital natives and state-owned firms.
‘See rapid growth for mutual funds’
Despite rising crude oil prices and looming elections hanging over the markets, HDFC chairman Deepak Parekh is confident that the common man will continue to pick mutual funds to invest savings in.
