SBI Report: India's Savings Rate Surpasses Global Average
Zee Business Video Team | Updated: December 23, 2024 05:21 PM IST
The share of net financial savings in total household savings has increased from 36 per cent in FY14 to about 52 per cent in FY21, however, during FY22 and FY23, the share has decelerated. FY24 trends reveal that the share of physical savings have again started to decline.
