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Savings hit 50-year low
As per RBI data, household debt stood at 37.6% of India’s GDP, as opposed to constituting 36.9% of the country’s GDP in FY 22
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Only 77 out of every 100 women have bank accounts
Before considering success of handful of women as monumental, know the fact that out of every 100 women in the country, only 77 have bank accounts
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Planning a holiday: Remember these 9 points first
People are coming out from their homes after almost two years. The tourism and hospitality industry is again waiting for an outstanding season. Both d
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Moving beyond traditional investments
While equity mutual funds offer potential to build wealth over the long term, debt funds add to the stability and liquidity.
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Need-based analysis gives a realistic insurance assessment
It is based on the assumption that the purpose of life insurance is to cover the remaining family members' immediate financial obligations
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MFs pip direct equities in Q3FY21; household debt spikes
Two visible trends in Q3FY21 are swelling household debt and an increasing appetite for mutual fund investments, as per the RBI preliminary estimates
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Household financial savings moderated to 8.2% of GDP in Q3
The moderation was driven by a significant weakening in the flow of household financial assets, the Reserve Bank of India said
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'Pandemic boosted investment in liquid funds and gold ETF'
The central bank also observed that currency holding among the public declined during the second wave
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'Second Covid wave impacts bank deposits, currency holding'
In a scenario of low interest rates, varied expectations of returns on different instruments may be altering the savings preferences of some household
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India’s household savings to grow by 23% in FY21: SBI
Covid-19 related restrictions are behind the spike, think experts
