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.
household sector
September 2023
May 2022
Indians saved more in FY21; jobs back in FY22: SBI
Financial saving in the household sector surged by 3.6 percentage points to 11.5% of gross national disposable income deposits in FY21, the highest in over two decades.
