Financial savings of households fall to five-year low during 2022-23

Updated: 11 Oct 2023, 01:31 PM IST

Are Indians saving less? It's concerning that the financial savings of households, as a percentage of the country's gross domestic product (GDP), reached a 47-year low in 2022-23, indicating potential financial distress among Indian households.

Are Indian households in financial distress?
First Published: 11 Oct 2023, 01:29 PM IST