Households trip on leverage, internet monetary financial savings hit 5-year low
Family sector’s internet monetary financial savings dropped to a five-year low of ₹14.16 lakh crore in 2022-23, as extra Indian households elevated borrowing from banks and non-banks to spice up investments in bodily property. This pattern was coupled with elevated allocations to mutual funds, direct equities, financial institution deposits, and life insurance coverage merchandise, in … Read more