Tue, Sep 03, 2024
In a keynote address at the Financing 3.0 Summit: Preparing for Viksit Bharat organised by the Confederation of Indian Industries (CII) here, the deputy governor said that recently, the net financial savings of households has almost halved from 2020-21 levels due to behavioural changes in the form of unwinding of prudential savings accumulated during the pandemic and shifting from financial assets to physical assets like housing.
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