Bank deposits have the maximum 25.5% of total financial assets of Indian households. Provident and pension funds are next with 22.7% share. Cooperatives have the smallest share of 1%. Financial assets of Indian households account for 10.8% of India’s GDP in FY22.
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Where households invest their money
Indian households mainly invested in bank deposits, provident and pension funds, and life insurance funds.
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Freight Traffic Growth Hit; Is Slowdown On The Cards?
As railways mirror the pulse of industrial traction, it seems the once-steady drivers of growth are now losing steam.
Education Gets A Leg-Up
Investment in education rises in India’s journey towards a $55 trillion economy by 2047.
Rev, Sputter, Stall
Auto makers hope the onset of festive season will bring in good tidings.
Corporate Scorecard: FY24 Ends On Buoyant Note
Corporate India saw double-digit growth in net profit and single-digit revenue increase in March 2024 quarter. Analysts expect growth ahead.
Infographics
Freight Traffic Growth Hit; Is Slowdown On The Cards?
As railways mirror the pulse of industrial traction, it seems the once-steady drivers of growth are now losing steam.
Education Gets A Leg-Up
Investment in education rises in India’s journey towards a $55 trillion economy by 2047.
Rev, Sputter, Stall
Auto makers hope the onset of festive season will bring in good tidings.
Corporate Scorecard: FY24 Ends On Buoyant Note
Corporate India saw double-digit growth in net profit and single-digit revenue increase in March 2024 quarter. Analysts expect growth ahead.